• GameStop's Ryan Cohen To Become Chairman After Reddit Stock Price Surge

    14 days ago - By GameSpot

    GameStop is planning to appoint the billionaire investor Ryan Cohen to the role of chairman, the retailer has announced. GameStop said it intends to elect Cohen to the position at GameStop's annual stockholder meeting in June. Cohen founded the pet food company Chewy and was one of GameStop's single largest personal investors when, in 2020, he called for dramatic changes to GameStop's business model to help turn the ship around. GameStop would later promote him to a board of directors position at GameStop, and now he's becoming the overall chairman. Cohen holds a 12.9% stake in GameStop...
    Read more ...