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GameStop (GME) CEO Gets the Axe as Ryan Cohen Continues to Make His Mark, Analyst Says Co. Will Likely Look to Tech Sector for New Hires

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GameStop (GME) announces George Sherman will be stepping down as CEO

April 19, 2021 6:08 AM EDT

GameStop Corp. (NYSE: GME) announced that George Sherman will be stepping down as Chief Executive Officer on July 31, 2021, or earlier upon the appointment of a successor. The Board of Directors (the Board) thanks Mr. Sherman for his significant contributions since being appointed Chief Executive Officer in April 2019.

As disclosed in GameStops Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 23, 2021,... More

'Roaring Kitty' acquires more shares in GameStop - Bloomberg

April 17, 2021 7:57 PM EDT

(Reuters) - The man known as "Roaring Kitty" on social media, whose online posts helped spark January's trading frenzy in GameStop Corp, exercised call options on the stock to acquire 50,000 more shares at a strike price of $12, Bloomberg reported.

Bloomberg cited a screenshot of Keith Gill's portfolio showing that he exercised 500 GameStop call options expiring Friday, when the stock closed at $154.69.

The... More