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

StreetInsider2021-04-20

GameStop (NYSE: GME) continues to shake up its management team as Chairman-elect and major shareholder Ryan Cohen moves chess pieces in an effort to regain relevance in the video game sector and ...

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Comments

PaulMardling
2021-04-20
PaulMardling
The CEO didn't get the axe. He may stay on as a director while they find someone more suitable for a digital company
MightyPooP
2021-04-20
MightyPooP
Always the most entertaining stock! Lol!
Qihang
2021-04-20
Qihang
To the moon ??
- Qihang:
  Reply
- Qihang:
  Comment
voluble
2021-04-20
voluble
[憤怒] [憤怒]
Ychwee
2021-04-20
Ychwee
To the moon!
cubedit
2021-04-20
cubedit
Bullish on GME!

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Will Likely Look to Tech Sector for New Hires\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-20 10:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18277582><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GameStop (NYSE: GME) continues to shake up its management team as Chairman-elect and major shareholder Ryan Cohen moves chess pieces in an effort to regain relevance in the video game sector and ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18277582\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NGD","symbol_name":"New Gold","start_time":0,"source_url":"https://www.streetinsider.com/dr/news.php?id=18277582","article_id":"2128892011","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2128892011","pubTimestamp":1618886100,"columns":[],"sourceInfo":{"source_id":"highlight_streetinsider","name":"StreetInsider"},"weMediaInfo":null,"summary":"GameStop (NYSE: GME) continues to shake up its management team as Chairman-elect and major sharehold","collect":0,"end_time":0,"defaultTopTitle":"streetinsider.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NGD":"New Gold","GME":"游戏驿站"},"translate_title":"分析师称，游戏驿站首席执行官莱恩•科恩继续崭露头角之际被解雇，该公司可能会将目光投向科技行业招聘新员工","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GME":0.9,"NGD":0.9},"content_text":"GameStop (NYSE: GME) continues to shake up its management team as Chairman-elect and major shareholder Ryan Cohen moves chess pieces in an effort to regain relevance in the video game sector and justify the stock's 800% year-to-date surge. CEO George Sherman was the latest casualty.Sherman will be stepping down on July 31, 2021, or earlier if a replacement can be found. Ryan thanked Sherman for his \"valuable leadership\" and \"decisive steps to stabilize the business during challenging times.\"Today's CEO news follows news that CFO Jim Bell resigned as of March 26, 2021. In addition Chief Customer Officer, Frank Hamlin also departed in March, and Chief Merchandising Officer Chris Homeister announced plans to resign.Cohen and the Board’s Strategic Planning and Capital Allocation Committee will be leading a search to identify CEO candidates \"with the capabilities and experience to help accelerate the next phase of the Company’s transformation,\" the company announced.Telsey Advisory Group analyst Joseph Feldman believes GameStop will turn to the tech industry to find the next CEO and CFO. 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That said, he continues to rate shares at 'Underperform' with a $30 price target, saying the current valuation \"far exceeds our rosy fundamental expectations and projected multiyear benefits from the strategic transformation.\"Shares of GameStop are up 7.5% in mid-day action Monday followign the CEO news.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":371138036,"gmtCreate":1618918947825,"gmtModify":1704716844354,"author":{"id":"3572968392598415","authorId":"3572968392598415","name":"PaulMardling","avatar":"https://static.tigerbbs.com/0919d3658912343433bf81007b1c4f11","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3572968392598415","idStr":"3572968392598415"},"htmlText":"The CEO didn't get the axe. He may stay on as a director while they find someone more suitable for a digital company","listText":"The CEO didn't get the axe. He may stay on as a director while they find someone more suitable for a digital company","text":"The CEO didn't get the axe. He may stay on as a director while they find someone more suitable for a digital company","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371138036","repostId":2128892011,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":371031393,"gmtCreate":1618890631912,"gmtModify":1704716429678,"author":{"id":"3575163551534398","authorId":"3575163551534398","name":"MightyPooP","avatar":"https://static.tigerbbs.com/aec66d00ca2b1f2b75412008d93edd14","vip":1,"hat":"https://static.tigerbbs.com/1c1eed764d9c7ff83dc093fbb9a96bc2","crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"3575163551534398","idStr":"3575163551534398"},"htmlText":"Always the most entertaining stock! Lol!&nbsp;","listText":"Always the most entertaining stock! Lol!&nbsp;","text":"Always the most entertaining stock! Lol!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371031393","repostId":2128892011,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":371092698,"gmtCreate":1618889897614,"gmtModify":1704716419291,"author":{"id":"3581980735337710","authorId":"3581980735337710","name":"Qihang","avatar":"https://static.tigerbbs.com/b5ec4861e5b10a4e609495252b820ccf","vip":1,"crmLevel":4,"crmLevelSwitch":1,"authorIdStr":"3581980735337710","idStr":"3581980735337710"},"htmlText":"To the moon ??","listText":"To the moon ??","text":"To the moon ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/371092698","repostId":2128892011,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4094015,"gmtCreate":1619013343032,"gmtModify":1680784970335,"authorId":3581980735337710,"author":{"id":3581980735337710,"idStr":"3581980735337710","authorId":3581980735337710,"name":"Qihang","avatar":"https://static.tigerbbs.com/b5ec4861e5b10a4e609495252b820ccf","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":371092698,"type":1,"supId":4089341,"prevId":0,"content":"Reply","text":"Reply","html":"Reply"},{"id":4089341,"gmtCreate":1618970909106,"gmtModify":1680784899185,"authorId":3581980735337710,"author":{"id":3581980735337710,"idStr":"3581980735337710","authorId":3581980735337710,"name":"Qihang","avatar":"https://static.tigerbbs.com/b5ec4861e5b10a4e609495252b820ccf","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":371092698,"type":1,"supId":0,"prevId":0,"content":"Comment","text":"Comment","html":"Comment"}],"langContent":"EN"},{"id":371004241,"gmtCreate":1618889201283,"gmtModify":1704716408890,"author":{"id":"3580979209864428","authorId":"3580979209864428","name":"voluble","avatar":"https://static.tigerbbs.com/17557d94287f549a4aacb4f09dfec86e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3580979209864428","idStr":"3580979209864428"},"htmlText":"[憤怒]&nbsp;[憤怒]&nbsp;","listText":"[憤怒]&nbsp;[憤怒]&nbsp;","text":"[憤怒] [憤怒]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371004241","repostId":2128892011,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":373775579,"gmtCreate":1618888017691,"gmtModify":1704716395396,"author":{"id":"3579483775019155","authorId":"3579483775019155","name":"Ychwee","avatar":"https://static.tigerbbs.com/21b26b66434038d42864871216ba4fc9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3579483775019155","idStr":"3579483775019155"},"htmlText":"To the moon!&nbsp;","listText":"To the moon!&nbsp;","text":"To the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373775579","repostId":2128892011,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":373779366,"gmtCreate":1618887458055,"gmtModify":1704716385661,"author":{"id":"3574480741555360","authorId":"3574480741555360","name":"cubedit","avatar":"https://static.tigerbbs.com/c88c88a4687027921d7da9927cd8a2c3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3574480741555360","idStr":"3574480741555360"},"htmlText":"Bullish on GME!&nbsp;","listText":"Bullish on GME!&nbsp;","text":"Bullish on GME!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/373779366","repostId":2128892011,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":19,"commentSize":10,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2128892011"}