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Top related persons:
Ryan Cohen - 2 Diana Saadeh - 2 Jajeh - 2 Cohen - 1 Matthew Furlong - 1 Mark Robinson - 1 Furlong - 1 Akash Sriram - 1
Top related locs:
Bengaluru
Top related orgs:
GameStop - 2 Thomson - 1

Search resuls for: "Diana Saadeh"


2 mentions found


☆ GameStop names Ryan Cohen as CEO effective immediately, won't receive salary
  + stars: | 2023-09-28 | by ( Gabrielle Fonrouge Mike Calia | Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com   time to read: +1 min
GameStop said Thursday morning that billionaire activist investor Ryan Cohen would take over as the video game retailer's chief executive, chairman and president effective immediately — and he won't be collecting a salary. GameStop's board, with Cohen abstaining, unanimously voted to appoint the entrepreneur as the retailer's top executive on Wednesday. Cohen had previously held the title of executive chairman but will step down from the role upon his latest appointment, according to a securities filing. Cohen won't "receive any compensation" for his work, a news release said. The move comes more than three months after GameStop fired CEO Matthew Furlong, made Cohen executive chairman and appointed longtime company soldier Mark Robinson as its "principal executive officer" and general manager.
Persons: Ryan Cohen, Cohen, Matthew Furlong, Mark Robinson, Furlong, Diana Saadeh, Jajeh Organizations: GameStop
☆ GameStop CFO to quit in second top executive exit in two months
  + stars: | 2023-07-27 | by ( ) www.reuters.com   time to read: 1 min
July 27 (Reuters) - GameStop (GME.N) said its finance chief Diana Saadeh-Jajeh will resign on Aug. 11, marking the second high-profile exit in two months and sending the shares of the videogame retailer down nearly 2% in extended trading. The company's board had in June ousted its fifth CEO in five years, leading some analysts to question whether billionaire investor Ryan Cohen, who is now executive chairman, can turn around GameStop. The retailer, known for its brick-and-mortar stores, has struggled to deliver on Cohen's vision to make the company a leading e-commerce firm for videogames and related merchandise. The company's shares have dropped about 82% from the $120.75 peak they hit during the meme-stock saga of 2021. Reporting by Akash Sriram in Bengaluru; Editing by Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.
Persons: Diana Saadeh, Jajeh, Ryan Cohen, Akash Sriram, Arun Koyyur Organizations: GameStop, Thomson Locations: Bengaluru
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