GameStop has announced that former Nintendo of America president Reggie Fils-Aime is joining GameStop's board of directors. Mr Fils-Aime's job will be to turn around the company's fortunes which is clearly a huge challenge. Reggie joins Bill Simon and J.K. Symancyk.
"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," GameStop chief executive George Sherman said. "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. We look forward to immediately benefitting from their expertise and perspectives as we navigate the evolving gaming and retail environments, execute on our strategic initiatives and prepare the Company to maximize value-creation associated with the next generation of console launches later this year."
Thanks to Syed for the tip!