GameStop Appoints Daniel A. DeMatteo as Interim CEO
November 14 2017 - 9:15AM
GameStop Corp. (NYSE:GME) today announced that its Chief Executive
Officer, J. Paul Raines, has had a reoccurrence of his previously
disclosed medical issue and is seeking treatment. In light of
these developments, the Board of Directors of the company has
appointed the company’s Executive Chairman, Daniel A. DeMatteo, as
the company’s interim Chief Executive Officer. Mr. DeMatteo,
one of the company’s co-founders, will continue to serve as
Executive Chairman and director. In the past, Mr. DeMatteo
has served as the company’s Chief Executive Officer and in a
variety of Board and executive roles since November 1996.
“We continue to send our best wishes and strong support to Paul
and his family,” Mr. DeMatteo said. “The Board of Directors has
tremendous confidence in GameStop’s executives and the management
team’s ability to effectively run the business with the Board’s
support.”
About GameStop Corp. GameStop Corp., a Fortune
500 company headquartered in Grapevine, Texas, is a global,
multichannel video game, consumer electronics and wireless services
retailer. GameStop operates more than 7,400 stores across 14
countries. The company's consumer product network also includes
www.gamestop.com; Game Informer® magazine, the world's leading
print and digital video game publication; and ThinkGeek,
www.thinkgeek.com, the premier retailer for the global geek
community featuring exclusive and unique video game and pop culture
products. Our Technology Brands segment includes 1,500 Simply Mac,
Spring Mobile AT&T and Cricket stores. Spring Mobile,
www.springmobile.com, sells all of A&T’s products and services,
including DIRECTV and offers pre-paid wireless services, devices
and related accessories through its Cricket branded stores in
select markets in the U.S. Simply Mac, www.simplymac.com, sells the
full line of Apple products, including laptops, tablets, and
smartphones and offers Apple certified warranty and repair
services.
General information about GameStop Corp. can be obtained at the
company’s corporate website. Follow @GameStop and @GameStopCorp on
Twitter and find GameStop on Facebook at
www.facebook.com/GameStop.
INVESTOR & MEDIA RELATIONS
CONTACTS:Mike LoftusVice President,
Global Controller and Investor
Relationsinvestorrelations@gamestop.com
Joey MooringDirector, Corporate
Communicationsjoeymooring@gamestop.com
GameStop (NYSE:GME)
Historical Stock Chart
From Mar 2024 to Apr 2024
GameStop (NYSE:GME)
Historical Stock Chart
From Apr 2023 to Apr 2024