GameStop Corp. GME,
said late Tuesday that chief financial officer Jim Bell will resign on March 26th. No reason was given, and the company, whose action is often cited as one of the “meme shares” that have grown recently due to increases on Reddit and other social media posts, thanked Bell for “his significant contributions and leadership , including its efforts over the past year during the COVID-19 pandemic ”. GameStop said it has begun a search for a permanent replacement “with the capabilities and qualifications to help accelerate GameStop’s transformation.” The retailer said that if no permanent CFO is found at the time of Bell’s departure, he intends to appoint accounting director Diana Jajeh as interim CFO. GameStop shares fell 3% in the extended session after the end of the regular session down 2.2%.