GameStop appointed billionaire Chewy co-founder Ryan Cohen as its CEO in September 2023. He had joined the company's board in January 2021 and become executive chairman in June 2021. [Modified Source Photo: Bill Jerome/Flickr cc; Background: Antonio Gravante/istockphoto]
The revolving door of GameStop CEOs continued June 5, when the video game retailer’s board terminated chief executive Matthew Furlong without cause and elected board chair Ryan Cohen, its top shareholder, as executive chairman.
Cohen will oversee management, assume responsibility for capital allocation, and evaluate potential investments and acquisitions for the Grapevine-based company, which has churned through five CEOs in the last five years....