Former Nintendo of America Reggie Fils-Amié, William Simon, and James Symancyk were appointed to the game retailers board of directors this afternoon via a news release from Gamestop itself. While Gamestop has had a decline in sales admittedly due to an increase in digital sales, this marks a potentially large turning point in the companies future endeavors.
The appointments of Messrs. Fils-Aimé, Simon and Symancyk to the GameStop Board are the result of a comprehensive search process led by the Board of Directors and involving shareholder input. After years of distinguished service, four directors – Dan DeMatteo, Gerald Szczepanski, Larry Zilavy and Steve Koonin – have decided to retire from the Board, effective in June 2020, and will not stand for re-election at the Company’s 2020 Annual Meeting of Stockholders. In addition, two current directors – Jerome Davis and Tom Kelly – have decided to retire from the Board, effective June 2021, and will not stand for re-election at the Company’s 2021 Annual Meeting. Kathy Vrabeck, GameStop’s Lead Independent Director, will succeed Mr. DeMatteo as Board Chair.
Fils-Amié recently retired from Nintendo last year and was succeeded by Doug Bowser in April 2019, albeit to some jokes due to his name, which was even referenced in Nintendo’s E3 2019 presentation. Mr. Fils-Aimé has been appointed as a member of the Nominating and Corporate Governance Committee, effective April 20, 2020 for GameStop.
The gaming industry needs a healthy and vibrant @GameStop. I look forward to being a part of @GameStopCorp Board and helping to make this happen. https://t.co/pYWFGZ9XKj
— Reggie Fils-Aimé (@Reggie) March 9, 2020
William “Bill” Simon has notable companies under his belt as well, with Walmart, Cadbury Schweppes, PepsiCo, and Nabisco. James “J.K.” Symancyk has worked with PetSmart, Academy Sports & Outdoors, and Sam’s Club.
You can read more about the news via the release here.
