C-suite turmoil at GameStop
GameStop has fired two of its top executives just days after it appointed a new chief executive.
The videogame retailer disclosed in a regulatory filing on Friday that it has terminated the employment of COO Tony Bartel and executive VP of strategic business and brand development, Michael Hogan, effective immediately. In the filing, the company said the terminations were without cause and both executives will receive payment and benefits as provided in their contracts.
The firings come on the heels of the appointment of GameStop veteran Michael K. Mauler as CEO. Mauler, who most recently served as served as executive VP and president of international, was named to succeed Paul Raines, who is undergoing medical treatment. He resigned from all duties at the company last week in order to focus on his health and family.
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