GameStop fires CEO and names Ryan Cohen executive chairman – CNN
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GameStop fired its CEO, Matt Furlong, and elevated Ryan Cohen to executive chairman, the company announced on Wednesday.
The company did not provide a reason for Furlong’s termination, nor did it respond to CNN’s request for further information. However, according to a company filing with the Securities and Exchange Commission, Furlong will be entitled to receive payments and benefits associated with a termination without cause. Furlong had been GameStop’s CEO since 2021.
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