Amid Stock Price Drama, GameStop Announces Three New High-Level Hires
GameStop is bringing on three more senior staff amid the ongoing stock market volatility.
Amid the ongoing drama around GameStop's stock price, the video game retailer has announced the hiring of new executives to help lead the company's efforts in the digital and e-commerce markets, as well as other units.
GameStop has hired Matt Francis, the former engineering lead at Amazon Web Services, to become the retailer's first-ever Chief Technology Officer. His first day will be February 15.
In his role, Francis will lead and oversee the team that runs GameStop's technology and e-commerce units.
GameStop announced two more high-profile hires as well. Kelli Durkin will become the senior vice president for customer care when she starts on March 1. Durkin previously worked at the pet food company Chewy as its vice president of customer service. She's just the latest Chewy veteran to join GameStop, as the billionaire founder of Chewy, Ryan Cohen, is now on the company's board of directors.
The other new hire is Josh Krueger, who will become the vice president of fulfillment at GameStop when he starts on March 1. Krueger previously worked in high-level fulfillment roles with Walmart, QVC, and Amazon.
GameStop has yet to discuss the recent activity surrounding the company's stock price, so we don't know yet what the company thinks about what's happening or how it might affect the business going forward.
The company's share price has since come back down to Earth, trading at around $100 on February 3. However, this still represents a gigantic surge over the past year, as GameStop was trading below $5 per share last summer.
Multiple adaptations of the events of the short squeeze are being planned, with James Bond studio MGM picking up rights for a film. Netflix is also producing a movie of its own with the writer of Zero Dark Thirty.
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