GameStop finance head to resign

Reuters | Updated: 24-02-2021 03:32 IST | Created: 24-02-2021 03:26 IST
GameStop finance head to resign
Representative image Image Credit: Pixabay

GameStop Chief Financial Officer Jim Bell will resign on March 26, the video game retailer said on Tuesday, with the departure coming weeks after big bets by individual investors triggered massive price swings in the company's stock.

Bell's resignation was not because of any disagreement with the firm, the company said. GameStop said it intends to appoint Chief Accounting Officer Diana Jajeh to the role of interim CFO, if a permanent replacement is not in place at the time of Bell's departure.

The company has begun a search for a permanent CFO and retained an executive search firm to support the process, where internal and external candidates will be evaluated.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


TRENDING

OPINION / BLOG / INTERVIEW

Why unequal access to coronavirus vaccines is a threat to us all

... ...

India’s love affair with fossil fuels: the path to sustainable development?

... ...

Videos

Latest News

AG sues Texas utility over customers' sky-high energy bills

Texas attorney general said Monday hes suing electricity provider Griddy for passing along massive bills to its customers during last months winter storm.The lawsuit comes days after Texas power grid manager effectively shut down Griddy by ...

Gujarat local bodies polls: Counting of votes on Tuesday

Counting of votes for polls to 81 municipalities, 31 districtpanchayat and 231 taluka panchayat will be held on Tuesday.The polling took place on Sunday with municipalities recording a voter turnout of 58.82 per cent, while the figure was 6...

Railways registers higher cumulative freight loading till Feb 28 than last year

The Railways freight loading this financial year till February 28 has surpassed last years figures for the same period, despite the challenges posed by COVID-19, the ministry said on Monday.As on February 28, Indian Railways cumulative frei...

Govt expects investment worth Rs 3.39 lakh cr during Maritime India Summit

The government is aiming to attract investment worth Rs 3.39 lakh crore during Maritime India Summit 2021 in various projects.Prime Minister Narendra Modi is scheduled to inaugurate Maritime India Summit 2021 MIS 2021 on Tuesday, which will...

Give Feedback