GameStop Corp. (NYSE:GME) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 13, 2017, the Board of Directors (the “Board”) of GameStop Corp. (the “Company”) appointed Daniel A. DeMatteo, interim Chief Executive Officer of the Company. The appointment is effective immediately and follows a medical event experienced by the Company’s Chief Executive Officer and director, J. Paul Raines. As interim chief executive officer, Mr. DeMatteo will continue to serve as the Executive Chairman and a director of the Company.
At this time, changes to Mr. DeMatteo’s compensation arrangements with the Company have not been determined. The Company will file an amendment to this Form 8-K when such arrangements have been determined.
Mr. DeMatteo has served as a director and Executive Chairman since June 2010. He served as our Chief Executive Officer from August 2008 to June 2010. He served as Vice Chairman and Chief Operating Officer from March 2005 to August 2008. Prior to March 2005, Mr. DeMatteo served as President and Chief Operating Officer of the Company or our predecessor companies since November 1996. Mr. DeMatteo is not related to any officer or director of the Company, and there are no transactions or relationships between Mr. DeMatteo and the Company that would be required to be reported under Item 404(a) of Regulation S-K.
Item 8.01 Other Events.
On November 14, 2017, the Company issued a press release announcing the leadership changes described above. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01Financial Statements and Exhibits.
(d)Exhibits.
99.1Press Release issued by GameStop Corp., dated November 14, 2017.
GameStop Corp. ExhibitEX-99.1 2 exhibit991-november142017.htm EXHIBIT 99.1 Exhibit Exhibit 99.1GAMESTOP APPOINTS DANIEL A. DEMATTEO AS INTERIM CEOGRAPEVINE,…To view the full exhibit click here
About GameStop Corp. (NYSE:GME)
GameStop Corp. is an omnichannel video game retailer. The Company sells video game hardware, physical and digital video game software, video game accessories, as well as mobile and consumer electronics products and other merchandise through its GameStop, EB Games and Micromania stores. The Company operates its business in four Video Game Brands segments: United States, Canada, Australia and Europe, and Technology Brands segment. Each of the Video Game Brands segments consists of retail operations, with all stores engaged in the sale of new and pre-owned video game systems, software and accessories. Its Video Game Brands stores sell various types of digital products, including downloadable content, network points cards, prepaid digital, prepaid subscription cards and digitally downloadable software, and also sell certain mobile and consumer electronics products and collectible products. Its Technology Brands segment includes its Spring Mobile and Simply Mac businesses.
