Michael Mauler is out as CEO of GameStop after just three months on the job, the video game retailer announced Friday.
Mauler resigned for “personal reasons” effective immediately, GameStop said in a press release.
“His resignation is not due to any disagreement with the Company regarding its financial reporting, policies or practices or any potential fraud relating thereto,” a spokesperson told Variety.
The company’s Board of Directors appointed co-founder Daniel DeMatteo as interim chief executive officer. He will also continue to serve as executive chairman and director.
“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. “I’m happy to have Rob Lloyd, our CFO, and his 22 years of experience with GameStop alongside me as we work towards executing against our 2018 objectives.
Mauler resigned for “personal reasons” effective immediately, GameStop said in a press release.
“His resignation is not due to any disagreement with the Company regarding its financial reporting, policies or practices or any potential fraud relating thereto,” a spokesperson told Variety.
The company’s Board of Directors appointed co-founder Daniel DeMatteo as interim chief executive officer. He will also continue to serve as executive chairman and director.
“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. “I’m happy to have Rob Lloyd, our CFO, and his 22 years of experience with GameStop alongside me as we work towards executing against our 2018 objectives.
- 5/11/2018
- by Stefanie Fogel
- Variety Film + TV
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