Following weeks of headline-grabbing attention from a social media-fueled stock trading frenzy, GameStop announced Tuesday its Chief Financial Officer Jim Bell will resign from his role effective March 26.
A reason for Bell s resignation was not immediately clear. In an SEC filing on Tuesday, GameStop said Bell s resignation was not because of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices, including accounting principles and practices.
According to a separate SEC filing detailing the terms of Bell s employment agreement when he joined the retailer in 2019, Bell could terminate his employment within 12 months due to any of the following five events: