GameStop Jumps as Chewy’s Cohen Tapped for E-Commerce Shift
- Committee to find a new CFO with tech, e-commerce experience
- Cohen pushed GameStop to be an e-commerce company last year
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GameStop Corp. shares extended their rally after the company tapped Chewy.com founder Ryan Cohen to guide its transition to an e-commerce business.
Cohen, a director at the video-game retailer, will chair a new board committee tasked with the transformation, the company said in a statement Monday, confirming an earlier report by Bloomberg News. The new strategic planning and capital allocation committee will be comprised of Cohen, Alan Attal and Kurt Wolf, GameStop said.