GameStop said on Monday Chief Executive Officer George Sherman will step down on July 31, 2021, or earlier once a successor is appointed.
Sherman was named CEO in April 2019.
“GameStop appreciates the valuable leadership that George has provided throughout his tenure,” Ryan Cohen, Chewy co-founder and GameStop’s incoming chairman of the board, said in a statement. “He took many decisive steps to stabilize the business during challenging times.”
This is breaking news. Please check back for updates.