GameStop fires its CEO

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GameStop has fired CEO Matt Furlong, the company announced as part of its first quarter 2023 earnings on Wednesday. There’s no immediate replacement, though board chairman Ryan Cohen has been appointed executive chairman, the company said in a short press release about Furlong’s firing . Cohen, who founded the e-commerce site Chewy, has invested in a number of “meme stocks,” including GameStop and Bed Bath & Beyond. His surprise sale of Bed Bath & Beyond stock in 2022 raised eyebrows and led to

GameStop fires its CEO https://www.theverge.com - 07.06.2023 21:15

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GameStop fires its CEO https://www.theverge.com - 07.06.2023 21:15