“The gaming industry needs a healthy and vibrant GameStop”

Reggie

Former Nintendo of America president Reggie Fils-Aimé has been appointed to GameStop’s board of directors. He’ll be teaming up with Bill Simon and J.K. Symancyk. Simon has worked in retail executive roles over the past 30 years and Symancyk is the current president and chief executive of PetSmart.

The mission is to make GameStop a profitable business again after the company announced the closure of more than 180 stores worldwide in 2019. Reggie shared a message over on Twitter following the announcement:

The gaming industry needs a healthy and vibrant GameStop. I look forward to being a part of GameStop’s corporate board and helping to make this happen.

GameStop Chief Executive George Sherman also provided a statement:

The board refreshment and governance enhancements announced today represent an important milestone in GameStop’s transformation as we continue to evolve the company’s business strategy for long-term success. We are pleased to welcome Reggie, Bill and J.K. to the Board. They are each highly qualified and bring significant, relevant experience to our turnaround.

Four existing GameStop board members will be leaving their duties. This includes Dan DeMatteo, Gerald Szczepanski, Larry Zilavy, and Steve Koonin. GameStop director Kathy Vrabeck said the revised board would continue to implement a strategy to return value to the company’s shareholders.

Reggie first announced he would leave Nintendo just over a year ago, in February 2019. Since then, he’s taken on the role of industry luminary and lectures at Cornell University as part of its Department of Communication.

Do you think Reggie can help GameStop bounce back? Share your thoughts below.

[via venturebeat.com, news.gamestop.com]

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