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GameStop CEO foregoes performance award

GameStop CEO foregoes performance award
Channel News Asia Tuesday 23 June 2026, 20:28 UTC 1 min read
Key Points

GameStop CEO Cohen spurns compensation award to focus on proposed eBay deal June 23 : GameStop said on Tuesday its board had granted the request of CEO Ryan Cohen to withdraw his proposed performance award, as the company shifts its focus towards the potential acquisition of eBay . Cohen said he wants the company's leadership fully focused on GameStop's operating performance and the acquisition.

GameStop CEO Cohen spurns compensation award to focus on proposed eBay deal June 23 : GameStop said on Tuesday its board had granted the request of CEO Ryan Cohen to withdraw his proposed performance award, as the company shifts its focus towards the potential acquisition of eBay . Cohen said he wants the company's leadership fully focused on GameStop's operating performance and the acquisition. The award, which the board had approved in January, was decided before GameStop decided to pursue eBay. In May, eBay rejected a $56 billion takeover bid from the much smaller GameStop over financing doubts, calling the proposal "neither credible nor attractive."
GameStop (ORG) Cohen (PERSON) eBay (ORG) Ryan Cohen (PERSON)
Originally published by Channel News Asia Read original →

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