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GameStop CEO Foregoes Performance Award
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By Reuters
Published 52 minutes ago on
June 23, 2026
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People wait line in for Nintendo Switch 2s at a Gamestop in Tukwila, Wash. on June 4, 2025. The online marketplace eBay rejected a proposal by GameStop to combine the two companies in a cash-and-stock deal worth about $55 billion on May 12, calling it “neither credible nor attractive.” (Chona Kasinger/The New York Times)

People wait line in for Nintendo Switch 2s at a Gamestop in Tukwila, Wash. on June 4, 2025. (Chona Kasinger/The New York Times)

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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.

(Reporting by Jaspreet Singh in Bengaluru; Editing by Anil D’Silva)

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