reports 2020 GameStop

GameStop announces intended change in leadership

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GameStop has announced its nominees for a change in board of directors beginning in June.The company announced the news via a new press release on April 8.

The changes are expected to be implemented on from June 9 onwards, following the company’s annual meeting of stockholders.Per its announcement, GameStop intends to elect Ryan Cohen as the new Chairman of the board.

Cohen is the company’s largest shareholder and has been pushing for a transition from a brick-and-mortar video game retailer to e-commerce brand.

He is also a co-founder and former CEO of e-commerce company Chewy.Apart from Cohen, five other nominees have been named to stand for election to its Board of Directors: Alan Attal, Larry Cheng, Jim Grube, current GameStop CEO George.

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