Just last year we reported that Reggie Fils-Aimé would be joining the GameStop board of directors alongside Bill Simon and J.K. Symancyk in order to help the company “make a ‘turnaround.’” Now it seems the trio will all be retiring from the board of directors, among five other directors, at the GameStop annual meeting in June, according to the 10-K form from the GameStop investor’s meeting that occurred yesterday.
The retirements of Fils-Aimé, Simon, Symancyk, and the other directors come after a turbulent year for GameStop due to the COVID-19 pandemic and the recent unpredictability of GameStop’s stock price thanks to r/wallstreetbets taking a zealous interest in the stock earlier this year.
There’s no telling exactly what GameStop’s plan is from here, as the retirements will leave them with a board of directors consisting of just three people and, as they stated in their 10-K form, their stock price fluctuations “have often been unrelated or disproportionate to the operating performance.”
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Written by Jaxson Tapp
As a lover of gaming and the written word, Jaxson currently fills his time not only with playing games, but also writing about them. Ready for anything, Jaxson’s passion for puzzle games, JRPGs, tough platformers, and whimsical indies helps him bring a well-rounded opinion to Nintendo Wire’s reporting.
