GameStop’s Billionaire Investor Ryan Cohen Takes Over as CEO

  • The company’s previous chief executive was fired in June
  • Chain’s top stockholder will also be chairman and president
Ryan CohenSource: GameStop
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GameStop Corp. appointedBloomberg Terminal billionaire Ryan Cohen as chief executive officer, filling a post that’s been empty since the company firedBloomberg Terminal its previous CEO in June.

Cohen, who was already executive chairman and the company’s largest investor, will start immediately and won’t receive compensation, the company said in a regulatory filing Bloomberg TerminalThursday. He’ll also serve as chairman and president, and continue to engage in business pursuits outside of GameStop.