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GameStop Turnaround Artist Ryan Cohen Is Remaking Chain for the Meme Era

GameStop Turnaround Artist Ryan Cohen Is Remaking Chain for the Meme Era
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GameStop's Ryan Cohen keeps cleaning house, CEO latest boot

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GameStop CEO search may top Ryan Cohen's housecleaning

The move marks GameStop's biggest, but not the first, executive shakeup since
Ryan Cohen, the co-founder and former chief executive of online pet food company Chewy Inc, joined the company's board in January and sits as the largest individual shareholder.
RC Ventures, Cohen’s investment firm, has amassed an approximately 13% stake in GameStop with the goal of transforming the company into a major e-commerce player that sells a wide variety of merchandise with fast shipping.
GameStop recently reported that its global e-commerce sales surged 175%, representing 34% of net sales in the fourth quarter of fiscal 2020. For the full year, global e-commerce sales increased 191%, representing nearly 30% of total net sales.

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GameStop Announces Slate of Director Candidates for 2021 Annual Meeting of Stockholders

GameStop Announces Slate of Director Candidates for 2021 Annual Meeting of Stockholders
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GameStop (GME) Announces Slate of Director Candidates for 2021, to Elect Ryan Cohen as Chairman

GameStop (GME) Announces Slate of Director Candidates for 2021, to Elect Ryan Cohen as Chairman
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GameStop Announces Slate of Director Candidates for 2021 Annual Meeting of Stockholders

GameStop Announces Slate of Director Candidates for 2021 Annual Meeting of Stockholders
Ryan Cohen to Become Chairman of the Board Following Annual Meeting
April 08, 2021 07:05 ET
| Source:
GameStop Inc.
GameStop Inc.
Grapevine, Texas, UNITED STATES
GRAPEVINE, Texas, April 08, 2021 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that it is nominating the following six individuals to stand for election to its Board of Directors (the “Board”) at the Company’s Annual Meeting of Stockholders (the “Annual Meeting”) on June 9, 2021: Alan Attal, Larry Cheng, Ryan Cohen, Jim Grube, George Sherman and Yang Xu.
The Company also shared updates that include:

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GameStop's Cohen to be chairman; stock rises

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GameStop to name Ryan Cohen as next chairman

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UPDATE: April 8, 2021: GameStop's board plans to elect as its chairman Ryan Cohen, the founder and former CEO of Chewy, at its annual meeting of stockholders on June 9. Cohen was recently appointed to the retailer's board after he bought an activist stake in GameStop and began agitating for a swifter digital transformation.
Dive Brief:
GameStop's board has formed a new strategic committee tasked with "accelerat[ing] the Company's transformation." Already the committee has hired a new chief technology officer and executives to lead customer care and e-commerce fulfillment.
Chairing the committee is Ryan Cohen, founder and former chief of pet e-commerce giant Chewy, who now sits on GameStop's board after leading an activist shakeup at the retailer. Alan Attal, also a former Chewy executive now on GameStop's board, and Kurt Wolf, another board member, round out the new committee.

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GameStop Taps Billionaire Investor Ryan Cohen As Board Chair, Sending Shares Surging Anew

GameStop Taps Billionaire Investor Ryan Cohen As Board Chair, Sending Shares Surging Anew
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GameStop shares rise over plan to replace chairman with Ryan Cohen

GameStop shares rise over plan to replace chairman with Ryan Cohen
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