GameStop has confirmed that its current CEO George Sherman will be stepping down from his duties at the end of July.GameStop announced the news via a blog post on Monday, April 19.
Per GameStop’s confirmation, Sherman will step down from his role on July 31, or earlier if a successor can be found before then.Sherman said of his departure: “I am very proud of what we have accomplished at GameStop over the past two years, including during the difficult COVID-19 pandemic,” and added that over his two-year stint, the company has brought “stability and strength to the business, including by de-densifying our store footprint, reducing costs and debt, and driving e-commerce growth”.Ryan Cohen, who will be elected Chairman of the Board on June 9,.
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