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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 undergoes makeover as 8 board members leave

GameStop undergoes makeover as 8 board members leave
industryleadersmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from industryleadersmagazine.com Daily Mail and Mail on Sunday newspapers.

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Reggie Fils-Aimé is expected to retire from GameStop board of directors

Reggie Fils-Aimé is expected to retire from GameStop board of directors
nintendoenthusiast.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nintendoenthusiast.com Daily Mail and Mail on Sunday newspapers.

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GameStop Names 3 New Directors in Accord With Activist RC

GameStop Names 3 New Directors in Deal With Activist Investor
GameStop named three new directors, in an accord with an activist investor, and it said that holiday same-store sales rose.
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Jan 11, 2021
GameStop shares rose as the videogame retailer named three new directors, in an accord with an activist investor, and it estimated that same-store holiday sales rose.
The Grapevine, Texas, chain's agreement with RC Ventures places three of the New York activist investor's nominees -- Alan Attal, Ryan Cohen and Jim Grube -- on the board.
RC Ventures is GameStop's second-largest shareholder, with a 13.8% stake, according to FactSet.
A statement from GameStop said the three executives have "deep expertise in e-commerce, online marketing, finance and strategic planning."

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GameStop holiday sales down 3.1% in 2020

New consoles can't offset impact of closing more than 450 stores and COVID-19 shutdowns; retailer shakes up board of directors

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GameStop Will Add Activist Investors to the Board. The Stock Shot Up.

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GameStop gave investors betting on the struggling videogame retailer good news and bad news on Monday. The stock, for now, seems fixed on the former.
The company (ticker: GME) reached a deal with Chewy co-founder Ryan Cohen’s RC Ventures. Cohen, as well as former Chewy executives Alan Attal and Jim Grube, will join the company's board, now at 13 members. Cohen holds 13% of GameStop shares, according to a recent filing with the Securities and Exchange Commission.
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GameStop Will Add Activist Investors to the Board. The Stock Shot Up.
GameStop gave investors betting on the struggling videogame retailer good news and bad news on Monday.

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GameStop stock soars with activist Ryan Cohen gaining board seats

GameStop stock soars with activist Ryan Cohen gaining board seats
Cohen’s RC Ventures — GameStop’s second-largest shareholder — has been pressing the Grapevine-based chain to undertake a strategic review to cut more costs.
Brandon Lopez of Irving loads his new Playstation 5 in his car on Black Friday at the Timber Creek Crossing GameStop.(Juan Figueroa / Staff Photographer)
GameStop shares jumped as much as 17% on Monday after activist investor Ryan Cohen stepped up his transformation efforts at the struggling video-game retailer, gaining a seat on the company’s board along with two allies.
Cohen’s RC Ventures — GameStop’s second-largest shareholder, with a 13% stake — has been pressing the Grapevine-based chain to undertake a strategic review to cut more costs.

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