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Ryan Cohen brings vision to struggling GameStop. Now, he must deliver The Grapevine-based video game company is in a strong position financially to execute Cohen’s plan. Chewy co-founder Ryan Cohen will become GameStop s board chairman at the company s annual shareholders meeting on June 9.(Charlie Neibergall) Perhaps no one, not even the day-trading hero they call Roaring Kitty, is more responsible for the improbable 700% rally in GameStop Corp. this year than Ryan Cohen. At 35 years old, Cohen is a billionaire entrepreneur with a reputation for a Midas touch after building the pet-supply site he co-founded Chewy into a booming business. So when word got out in mid-January that he had secured three seats on GameStop’s board after amassing a 13% stake, shares of the video-game retailer exploded. ....
GameStop CEO gives up $98 million in stock after missing performance targets dallasnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dallasnews.com Daily Mail and Mail on Sunday newspapers.
GameStop rally fades a bit, as reports surface of search underway for new CEO The Grapevine-based video game company is said to be searching for a replacement for CEO George Sherman. An analyst Edward Woo threw cold water on GameStop s hot streak when he wrote in a note to investors increasing digital sales for video-game publishers is a looming risk given GameStop’s minimal market share.(John Minchillo) GameStop Corp.’s shares fell on Monday, heading toward the longest losing streak in a year, after another analyst questioned the video-game retailer’s long-term potential despite activist Ryan Cohen’s latest efforts to revitalize the company. ....
Ryan Cohen’s influence at GameStop continues to grow; he’ll become board chairman in June Can the Chewy founder help the retailer turn its meme-driven stock surge into real transformation before investors lose interest? GameStop says it’s nominating Chewy founder Ryan Cohen as chairman of the board at its annual shareholders’ meeting on June 9. The current board chair is Kathy P. Vrabeck.(Charlie Neibergall) Activist investor Ryan Cohen set out to transform video game retailer GameStop, and soon he’ll sit at the helm of the company’s board of directors. The Grapevine-based company said Thursday that the Chewy.com co-founder will become board chairman after GameStop’s June 9 shareholders meeting. ....