Personnel Moves: GameStop CEO Steps Down
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EXCLUSIVE GameStop initiates search for new CEO -sources
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April 13, 2021
published at 6:53 AMReuters A GameStop store is seen in the Jackson Heights neighborhood of New York City, New York, US, on Jan 27, 2021.
Reuters
GameStop Corp is looking for a new chief executive to replace George Sherman as it pivots from a brick-and-mortar video game retailer to an e-commerce firm, three people familiar with the matter said on Monday (April 12).
It would be the biggest shakeup at GameStop since Ryan Cohen, the co-founder and former chief executive of online pet food company Chewy Inc, joined its board in January and began laying the groundwork for a shift in culture and strategy, people familiar with his work at GameStop said.
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(Reuters) - GameStop Corp is looking for a new chief executive to replace George Sherman as it pivots from a brick-and-mortar video game retailer to an e-commerce firm, three people familiar with the matter said on Monday.
It would be the biggest shakeup at GameStop since Ryan Cohen, the co-founder and former chief executive of online pet food company Chewy Inc, joined its board in January and began laying the groundwork for a shift in culture and strategy, people familiar with his work at GameStop said.
Its stock is up almost 4,000% from a year ago, after it became the poster child of day traders betting on so-called meme stocks.