GameStop names George Sherman as CEO

The GameStop store sign is seen in the store in Westminster, Colorado January 14, 2014. REUTERS/Rick Wilking

(Reuters) – GameStop Corp, the largest video game retailer, on Thursday named George Sherman as chief executive officer and a member of its board of directors, effective April 15.

Sherman manages to Shane Kim, who was interim CEO since May of 2018.

Most recently, Sherman served as CEO of Victra, a store for Verizon wireless products and services, and held leadership positions in Best Buy, Target Corp and Home Depot, GameStop said.

In May last year, Michael Mauler stepped down as CEO of GameStop after only three months on the job, citing personal reasons.

The company then brought on board former Microsoft Xbox executive Kim as interim CEO.

Last week, GameStop received a warning of a proxy battle from two of its shareholders, who together are about 1.3 per cent, if the company does not talk to them about how to improve the business.

Reporting Munsif Vengattil in Bengaluru; Editing by shailesh Kuber

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