Former Nintendo American President Reggie Fils-Aimé has been appointed chairman of the board of GameStop. She will be joining Bill Simon and J.K. Symancyk. Simon has worked in senior management matters for the last 30 years and Symancyk is the current president and chief executive officer of PetSmart.
It aims to make GameStop a profitable business and after the company announces the closure of more than 180 stores worldwide in 2019. Reggie shares the message above on Twitter following the announcement:
The gaming industry needs a healthy and active GameStop. I'm really looking forward to being part of the GameStop corporate board and helping make this happen.
GameStop CEO George Sherman also issued a statement:
The board comfort and improved governance announced today have marked a milestone in the transformation of GameStop as we continue to transform the company's business strategy for long-term success. We are happy to welcome Reggie, Bill and J.K. To the Board. Each has the right skills and brings valuable, relevant experiences to our transition.
Four GameStop board members will resign. That includes Dan DeMatteo, Gerald Szczepanski, Larry Zilavy, and Steve Koonin. GameStop managing director Kathy Vrabeck said the review board would continue to implement a shareholder return strategy for the company.
Reggie first announced that he would leave Nintendo a year ago, in February 2019. Since then, he has played an important role in the speech and language industries at Cornell University, as part of the Department of Communications.
What are your thoughts on this? Do you think Reggie can help GameStop roll back? Tell us below.
