GameStop (GME) Said to Tap Chewy.com's Cohen to Lead E-Commerce Shift - Bloomberg
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Price: $10.31 +0.10%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 13.9%
Revenue Growth %: -12.1%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 13.9%
Revenue Growth %: -12.1%
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(Updated - March 8, 2021 7:08 AM EST)
GameStop (NYSE: GME) is tapping Chewy.com's founder Ryan Cohen to guide the company's transition to an e-commerce business, according to Bloomberg, citing people familiar with the matter.
Cohen, a board member, will chair a new board committee tasked with the transformation. The new strategic planning and capital allocation committee will comprise Cohen, Alan Attal and Kurt Wolf.
The committee will find a new CFO with tech and e-commerce experience, the report said.
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