June 21, 2021
(Corrected paragraph 5 to state that Ryan Cohen is chairman, not chief technology officer)
(Reuters) – GameStop Corp, a video game retailer at the heart of this year’s “meme stock” trading frenzy, will have CEO Matt Furlong on board on Monday as a former Amazon executive officially took charge of the company. Appointed.
According to the company, Furlong was appointed CEO of GameStop earlier this month, and George Sherman has also retired from the board.
Furlong, as Australia’s Country Head, oversaw the small but growing part of Amazon’s business. According to his LinkedIn profile, he took on that role in May 2019.
GameStop has become one of the most popular and most visible “meme stocks” on social media after a surge in Reddit-led retail short squeeze that struck Wall Street in January.
Ryan Cohen, the largest shareholder who became Chairman of Gamestop earlier this month, is driving the company’s transition to e-commerce and is responsible for management turmoil.
($ 1 = A $ 1.3305) (This story amends paragraph 5 to state that Ryan Cohen is chairman rather than chief technology officer)
(Report by Eva Mathews in Bangalore; edited by Anil D’Silva)
GameStop Appoints CEO Matt Furlong to Board
Source link GameStop Appoints CEO Matt Furlong to Board