(Reuters) - GameStop Chief Financial Officer Jim Bell will resign on March 26, the video game retailer said on Tuesday, with the departure coming weeks after big bets by individual investors triggered massive price swings in the company's stock.
Bell's resignation was not because of any disagreement with the firm, the company said.
GameStop said it intends to appoint Chief Accounting Officer Diana Jajeh to the role of interim CFO, if a permanent replacement is not in place at the time of Bell's departure.
The company has begun a search for a permanent CFO and retained an executive search firm to support the process, where internal and external candidates will be evaluated.
(Reporting by Subrat Patnaik in Bengaluru; Editing by Shailesh Kuber)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
RECOMMENDED FOR YOU