finance chief was forced out of his role as activist investor
pushes for a digital transformation of the ailing videogame retailer, people familiar with the matter said.
The Grapevine, Texas-based company announced Tuesday that Chief Financial Officer
will depart the business March 26, but didn’t give a reason. His exit isn’t related to the Reddit-fueled frenzy for the stock, these people said. Mr. Bell didn’t immediately respond to a request for comment.
Tuesday’s CFO exit is one element of the broader cleanup effort at GameStop, the people familiar with the matter said. Mr. Cohen, the co-founder of online pet-food retailer
last November disclosed a nearly 10% stake in GameStop through his investment firm RC Ventures LLC. At that time, Mr. Cohen sent a letter to GameStop’s board urging it to conduct a strategic review of the business and reduce its reliance on