Exclusive: GameStop initiates the search for a new CEO – sources

PHOTO FILE: A GameStop store is seen in the Jackson Heights neighborhood of New York City, New York, USA January 27, 2021. Image taken January 27, 2021. REUTERS / Nick Zieminski / File Photo

(Reuters) – GameStop Corp is looking for a new chief executive to replace George Sherman as the pivot of being a video game retailer for an e-commerce firm, three people familiar with the matter said on Monday .

It would be GameStop’s biggest shakeup since Ryan Cohen, co-founder and former CEO of online pet food company Chewy Inc., joined its board in January.

GameStop’s board of directors is working with an executive director to look for the CEO, sources said, requesting anonymity because the matter is confidential.

A GameStop spokesman declined to comment.

Report by Svea Herbst-Bayliss; Edited by Dan Grebler

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