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Stock impact report

GameStop names new CEO [MarketWatch]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
Company Research Source: MarketWatch
GameStop names new CEO GameStop Corp. GME, +0.48% said late Thursday it has named George Sherman chief executive and appointed him to the board. GameStop stock is up 0.3% in after-hours trading. Sherman is expected to begin April 15 and has most recently served as CEO of Victra, a retailer that sells products from Verizon Communications Inc. VZ, +1.08% among other things. A retail veteran, Sherman has also worked for Target Corp. TGT, +2.51% Best Buy Co. Inc. BBY, +2.10% and Advanced Auto Parts Inc. AAP, +3.03% Sherman is taking the top job from interim CEO Shane Kim, who served as interim CEO since May 2018. Kim replaced executive chairman Daniel DeMatteo who took the interim-CEO job for roughly three weeks after former CEO Michael Mauler departed three months into his tenure. Mauler took the helm from Paul Raines, who died in 2018. GameStop stock has fallen 25% in the past year, as the S&P 500 index SPX, +1.09% has gained 4.1%. Have breaking news sent to your inbox Show less Read more
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