GameStop Announces Appointments of Chief Executive Officer and Chief Financial Officer

Rhea-AI Summary

GameStop Corp. (NYSE: GME) has appointed Matt Furlong as CEO and Mike Recupero as CFO. Furlong, with extensive experience at Amazon, led substantial growth initiatives, while Recupero brings over 17 years of financial expertise from his roles at Amazon. Furlong starts on June 21, 2021, and Recupero on July 12, 2021. These leadership changes aim to reposition GameStop as a technology-driven company focused on growth.

Positive

• Appointment of Matt Furlong as CEO with a strong background in e-commerce and growth strategies.
• Mike Recupero appointed as CFO, enhancing financial leadership with extensive experience in technology sectors.

Negative

• None.

Matt Furlong, Veteran E-Commerce Leader and Technology Industry Executive, Appointed CEO

Mike Recupero, Seasoned Technology Industry Finance Executive, Appointed CFO

GRAPEVINE, Texas, June 09, 2021 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that it has appointed Matt Furlong as Chief Executive Officer and Mike Recupero as Chief Financial Officer. Mr. Furlong and Mr. Recupero join from Amazon, where they each held senior roles and oversaw various growth initiatives during their respective tenures. Mr. Furlong’s start date is June 21, 2021 and Mr. Recupero’s start date is July 12, 2021.

Mr. Furlong is a veteran e-commerce leader with significant experience implementing growth strategies across global geographies and product categories. Most recently, he was a Country Leader and oversaw Amazon’s Australia business during a period of substantial growth. He was previously a Technical Advisor to the head of Amazon’s North America Consumer business. Throughout his nearly nine years at Amazon, he also ran a variety of product categories and oversaw strong market share expansion. Mr. Furlong began his career at Procter & Gamble, where he was an executive focused on brand, marketing and sales strategies.

Mr. Recupero is a seasoned technology industry finance executive, who spent more than 17 years at Amazon supporting growth across global geographies and product categories. He most recently served as Chief Financial Officer of the North American Consumer business after serving as Chief Financial Officer of Prime Video. He previously served as the Chief Financial Officer of the European Consumer business. He began his career at Amazon, holding Analyst, Manager and Director roles of increasing responsibility.   

These appointments reflect the refreshed Board’s focus on building a technology company and investing in growth.

About GameStop

GameStop, a Fortune 500 company headquartered in Grapevine, Texas, is a leading specialty retailer offering games and entertainment products through its e-commerce properties and thousands of stores. Visit www.GameStop.com to explore our products and offerings. Follow @GameStop and @GameStopCorp on Twitter and find us on Facebook at www.facebook.com/GameStop.

Contacts

GameStop Investor Relations
817-424-2001
investorrelations@gamestop.com

GameStop Public Relations
Joey Mooring
joeymooring@gamestop.com

or

Profile
Greg Marose / Charlotte Kiaie
gamestop@profileadvisors.com

FAQ

Who is the new CEO of GameStop?

Matt Furlong has been appointed as the new CEO of GameStop, starting June 21, 2021.

Who is the new CFO of GameStop?

Mike Recupero has been appointed as the new CFO of GameStop, starting July 12, 2021.

What experience do the new GameStop executives have?

Both Furlong and Recupero have significant experience from Amazon, overseeing growth initiatives.

What is the focus of GameStop's new leadership?

The new leadership is focused on transforming GameStop into a technology company and investing in growth.