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GameStop's CEO To Resign With $2.8 Million USD Severance
5 days ago - By Hypebeast
Following its recent r/WallStreetBets stock surge saga , GameStop has announced that Executive Vice President and Chief Financial Officer, Jim Bell, will be resigning from his roles effectively March 26. According to SEC filings , Bell who signed with the company back in 2019 will be receiving a sizeable severance bonus. The payout will be double his annual salary and annual bonus opportunity for a grand total of $2.8 million USD. Jim Bell's resignation comes as GameStop's accelerated decline during the COVID-19 pandemic, closing over 400 retail locations and coming under scrutiny for not...
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