video game sales

GameStop Shakeup: CEO Termination and Ryan Cohen’s Expanded Role as Executive Chairman

by | Jun 9, 2023

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....

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