GameStop (GME) New CEO, CFO Have Starting Salary of $200K and Eligible for Millions More in Bonuses and Restricted Stock Units

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Go back to GameStop (GME) New CEO, CFO Have Starting Salary of $200K and Eligible for Millions More in Bonuses and Restricted Stock Units

GameStop Releases First Quarter 2021 Financial Results

June 9, 2021 4:09 PM EDT

Net Sales Grew 25% to $1.3 Billion

Appoints Technology Veterans Matt Furlong and Mike Recupero to CEO and CFO Positions, Respectively

GRAPEVINE, Texas, June 09, 2021 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME), today reported results for the first quarter ended May 1, 2021.

First Quarter Fiscal 2021 Highlights

Net sales increased 25.1% to $1.277 billion, compared to $1.021 billion in the fiscal 2020 first quarter, overcoming a nearly 12% reduction in the Companys global store base due to strategic de-densification... More

GameStop Announces Appointments of Chief Executive Officer and Chief Financial Officer

June 9, 2021 4:05 PM EDT

Matt Furlong, Veteran E-Commerce Leader and Technology Industry Executive, Appointed CEO

Mike Recupero, Seasoned Technology Industry Finance Executive, Appointed CFO

GRAPEVINE, Texas, June 09, 2021 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) (GameStop or the Company) today announced that it has appointed Matt Furlong as Chief Executive Officer and Mike Recupero as Chief Financial Officer. Mr. Furlong and Mr. Recupero join from Amazon, where they each held senior roles and... More