Offbeat GameStop CEO abruptly quits after 3 months on the job
Lawmakers In Both Parties In Talks To Save House Chaplain's Job
A Democratic congressman is quietly working with GOP colleagues to try to find a way to keep the chaplain of the House in his job, despite Speaker Paul Ryan (R-Wis.) abruptly forcing him out last month after he gave a prayer urging fairness in the GOP’s tax bill. Rep. Gerry Connolly (D-Va.) said Wednesday that Republicans have approached him ― including some from the conservative House Freedom Caucus ― about finding a bipartisan solution to keeping House Chaplain Patrick Conroy in his post.“They are willing to explore this. That is the nature of our conversations,” Connolly said of his talks this week with GOP lawmakers, whom he wouldn’t name.
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GameStop Corp. Chief Executive Officer Michael Mauler abruptly stepped down after just three months on the job , bringing fresh upheaval GameStop disappointed investors with its profit outlook earlier this year, extending a long slump for the stock. The shares fell anew on Friday after the CEO
GameStop ’s chief executive officer , Michael Mauler, has called it quits after three months on the job . Citing “personal reasons,” Mauler is abandoning his role immediately and handing it off to the company’s 70-year-old co-founder, Daniel DeMatteo, who will oversee things until a new leader is
GameStop CEO Michael Mauler abruptly stepped down after just three months on the job, bringing fresh upheaval to a retailer that’s struggling to revive growth.
The board appointed Daniel DeMatteo, GameStop’s 70-year-old co-founder, to run the business while it searches for a new leader. Mauler resigned for personal reasons, the company said.
“Given my tenure and familiarity with the company and our associates, it’s a natural step for me to assume this role and guide the business at this time while the board searches for a permanent CEO,” DeMatteo said in a statement.
Mauler’s quick exit follows another shake-up in February, when the company fired two high-ranking executives, including Chief Operating Officer Tony Bartel. GameStop disappointed investors with its profit outlook earlier this year, extending a long slump for the stock. The shares fell anew on Friday after the CEO change, tumbling as much as 4.3 percent to $12.47.
The company, which is the largest independent retailer of video games, is struggling to adapt to a world where software is often delivered online. As part of its comeback efforts, GameStop has ramped up its e-commerce operations and added more toys and collectibles. It also acquired hundreds of AT&T wireless stores in 2016 to help reduce its dependence on video games.
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GameStop Corp. Chief Executive Officer Michael Mauler abruptly stepped down after just three months on the job , bringing fresh upheaval GameStop disappointed investors with its profit outlook earlier this year, extending a long slump for the stock. The shares fell anew on Friday after the CEO www.bloomberg.com
GameStop CEO Abruptly Steps Down after Three Months on JobGameStop ’s chief executive officer , Michael Mauler, has called it quits after three months on the job . Citing “personal reasons,” Mauler is abandoning his role immediately and handing it off to the company’s 70-year-old co-founder, Daniel DeMatteo, who will oversee things until a new leader is hardforum.com
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