GME Shares Sees Slight Gains in Pre-Market as GameStop Announces Hunt for New CEO
Apr 21 2021 · 14:00 UTC | Updated
Apr 22 2021 · 10:18 by Benjamin Godfrey · 3 min read
Photo: Depositphotos
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Although the GameStop CEO will not be compensated during the transition period, his severance package is quite robust.
The shares of the American video game, consumer electronics, and gaming merchandise retailer, GameStop Corp (NYSE: GME) are seeing slight gains in the Pre-market today, as the firm announced it is on the hunt for a new CEO. According to a filing lodged with the United States Securities and Exchange Commission (SEC), the company said it has entered a “Transition and Separation Agreement,” with its President and Chief Executive Officer, George Sherman.
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