Matthew Furlong news and trends

GameStop Removes CEO and Elects Ryan Cohen Executive Chairman

June 07, 2023
GameStop CEO: ‘Brink of Bankruptcy’ Turnaround Near Completion
Retail // December 08, 2022

GameStop’s CEO says the ailing retail chain is on the cusp of an unprecedented turnaround. While investors who saw the company post back-to-back sales declines and its seventh consecutive quarter of losses Wednesday (Dec. 7) evening might disagree, CEO Matthew Furlong said the path from...

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GameStop Removes CEO and Elects Ryan Cohen Executive Chairman

June 07, 2023
GameStop has removed its CEO and elected Ryan Cohen executive chairman. Cohen was elected to the role by the video game retailer’s board of directors, effective immediately, and will be responsible for capital allocation and overseeing management, GameStop said in a Wednesday (June 7) press release. Cohen took a stake in GameStop in 2020 and was […]