Reggie Fils-Aimé Quits GameStop Board of Directors After Just One Year
A whistle-stop retail tour of duty.
Reggie Fils-Aimé has retired from GameStop's board of directors, just one year after he joined the company.
Fils-Aimé is one of eight directors who are set to retire from the board at GameStop's 2021 Annual Meeting. The remaining board members will largely be made up of directors relatively new to the board, with many of the company's more established directors leaving along with Fils-Aimé.
Best known as the former Nintendo of America president, Fils-Aimé joined the GameStop board of directors in March 2020. He joined the board at the same time both as veteran retail business executive Bill Simon and PetSmart CEO J.K. Symancyk as part of a company reshuffle. All three of them will formally quit the company at the GameStop 2021 Annual Meeting.
This won't be the first big shake-up for GameStop this year; a year-long management tussle at the retailer put a new group of investors in charge with big plans for change, and the latest earnings call suggested change is brewing, if slowly. And, of course, there was also the Reddit-fuelled stock surge earlier this year.