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GameStop names Ryan Cohen as CEO effective immediately, won’t receive salary

GameStop names Ryan Cohen as CEO effective immediately

GameStop said Thursday morning that billionaire activist investor Ryan Cohen would take over as the video game retailer’s chief executive, chairman and president effective immediately — and he won’t be collecting a salary.

Shares of the company initially jumped in premarket trading after the announcement but fell more than 3% after the market opened.

GameStop’s board, with Cohen abstaining, unanimously voted to appoint the entrepreneur as the…


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