GameStop Announces CFO Change

Rhea-AI Summary

GameStop Corp. has appointed Diana Saadeh-Jajeh as the new Chief Financial Officer, effective immediately. Saadeh-Jajeh previously served as the interim CFO in 2021 and was the Company’s Chief Accounting Officer before this appointment. This change comes with the termination of Michael Recupero's employment. The announcement reflects a significant leadership transition aimed at stabilizing the Company's financial strategy.

For further details, refer to the Form 8-K filed with the U.S. Securities and Exchange Commission.

Positive

• Appointment of Diana Saadeh-Jajeh as CFO may enhance financial leadership.
• Saadeh-Jajeh's prior interim experience as CFO may ensure continuity.

Negative

• Termination of Michael Recupero creates uncertainty in leadership stability.

GRAPEVINE, Texas--(BUSINESS WIRE)-- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced the appointment of Diana Saadeh-Jajeh as Chief Financial Officer, effective immediately. Ms. Saadeh-Jajeh previously held the role on an interim basis in 2021 and most recently served as the Company’s Chief Accounting Officer. The appointment coincides with the Company’s termination of the employment of Michael Recupero.

Additional information can be found in the Form 8-K filed today with the U.S. Securities and Exchange Commission.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220707005673/en/

GameStop Corp. Investor Relations

(817) 424-2001

ir@gamestop.com

Source: GameStop Corp.

FAQ

Who is the new CFO of GameStop?

Diana Saadeh-Jajeh has been appointed as the new CFO of GameStop.

What role did Diana Saadeh-Jajeh hold before becoming CFO?

Before becoming CFO, Diana Saadeh-Jajeh was the Chief Accounting Officer at GameStop.

Why was Michael Recupero terminated?

The press release does not provide specific reasons for Michael Recupero's termination.

When did Diana Saadeh-Jajeh's appointment as CFO take effect?

Diana Saadeh-Jajeh's appointment as CFO is effective immediately as of the press release date.

What should investors know about the leadership changes at GameStop?

Investors should note the change in financial leadership with the appointment of a new CFO and the termination of the previous CFO.