GameStop will get a brand new CEO and CFO, each from Amazon

Matt Furlong, who will change George Sherman as CEO, and Mike Recupero, CFO, are each becoming a member of the corporate from Amazon (AMZN). Their expertise on the on-line retail big will probably show helpful as GameStop (GME) continues its efforts to transition from a struggling brick-and-mortar online game retailer into an e-commerce powerhouse.
In current months, GameStop — which has been a darling of web retail inventory merchants this yr — has undergone a serious government shakeup on the course of Ryan Cohen, the billionaire founder who invested closely in GameStop final yr and joined its board in January.

The corporate additionally lately added its first-ever chief know-how officer, a brand new chief working officer, a brand new senior vp of e-commerce and several other different government roles.

GameStop’s inventory fell greater than 3% in after-hours buying and selling Wednesday.

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