The board is leading a search to identify CEO candidates with the capabilities and experience to help accelerate the next phase of the company's transformation, GameStop said in a statement.
While GameStop shares have come way off its record high of $483 in January, the stock is still up a whopping 720% for 2021. To take advantage of the massive rally, GameStop announced a at the beginning of April to accelerate its e-commerce transition led by activist investor and board member Ryan Cohen, who is Chewy's co-founder.
The company also hired former Amazon and Google executive Jenna Owens as its new chief operating officer.
Lol this is so stupid.
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