Reggie Fils-Aime To Leave GameStop Board Of Directors Later This June, New Corporate Filings Reveals
More than a year ago, the world view surrounding brick-and-mortar video game retail GameStop was followed by pity for what the storefront once was. However, while the times of commercialism evolves into a digital-dependent life force, physical stores are to suffer the most from this new direction the market is heading. But while GameStop has went to launch geek memorabilia retailer ThinkGeek, the store eventually closed its doors. So it was inevitable that a similar fate would arrive to GameStop in the coming years or even months. However, one change that really surprised the industry is when former Nintendo of America CEO Reggie Fils-Aime was revealed to be joining the Board of Directors for the video game retailer. However, before Fils-Aime left a bigger impact on the company, he is now set to retire from the administration. In the latest Form 10-K filing done by GameStop for the United States Securities and Exchange Commission (SEC), the corporate GameStop issues that Fils-Aime will be departing from the board of Directors later this June. This Form 8-K also disclosed that, pursuant to the Agreement, we agreed that effective at our 2021 annual meeting of stockholders (the “2021 Annual Meeting”), the size of the Board would be reduced from the current 13 directors to nine directors and that the Board would nominate for election the individuals identified in the Form 8-K for election as directors at the 2021 Annual Meeting. As of the date of this Form 10-K, the Board has not determined the definitive slate of nominees but currently expects that the following incumbent directors will retire from the Board at the 2021 Annual Meeting: Lizabeth Dunn, Paul Evans, Raul J. Fernandez, Reginald Fils-Aimé, William Simon, James K. Symancyk, Carrie W. Teffner and Kathy P. Vrabeck. The contemplated retirements are not because of a disagreement with us on any matter relating to our operations, policies or practices. In recent waves in regards to how GameStop is performing, it is no secret the attention the firm has received – especially on the Stock Market. Since February, GameStop $GME has faced a 300% increase in stock value and at one point tipping over $500 per share. However, the tides appear to have calmed, but the value is still well beyond what it was priced before the surge. Additionally, corporate GameStop also welcomed r/WallStreetBets Ryan Cohen to its new Strategic Planning and Capital Allocation Committee. The initiative is told to be a new pursuit for GameStop to overcome a slump with the help from the firm those responsible for the company’s increased stock value. You can read the full report by heading here. Did you support Fils-Aime when in GameStop’s Board of Directors? Source: GameStop
Kojima Productions’ Art Director Yoji Shinkawa Shares “Very Soon” Announcement For Studio’s Next Project
Back in November marked the official first year passed since the release of Death Stranding. The game is a catalyst for what came from the now-cancelled Silent Hills following Hideo Kojima’s departure from Konami. While the project liquidated, many of its attributes including the involvement of Norman Reedus and Guillermo del Toro later carried forward for what later became Death Stranding. But now with the game behind us alongside the surprise addition to PC later on, it is unsure what the next project from Kojima Productions will be now. For one, lead employees at the Japanese developer has elaborated on the pursuit to create more at Kojima Productions. However, the firm elaborated on entertainment including film and anime in that discussion. Howbeit, studio founder Hideo Kojima did comment that Death Stranding earned enough to suggest a follow-up. But, he also discloses that one project did “fall apart” in recent months. Despite what is said, Kojima Productions’ Art Director Yoji Shinkawa when speaking on an interview with AI Hub reveals that it next project is due to be revealed soon. Q: Can you give us any bits or details or maybe hence for your next project. A: Well yeah, I am doing something, for sure, and I could tell you probably that we can announce it quite soon. While not much details is spared on the game or what might be on the way, Shinkawa does press that an announcement is very close to happen. Previously, Kojima Productions revealed that a new project is underway and is looking for more hirings to welcome aboard. But, the reveal alike Shinkawa’s statement does not cover what fans can expect next. Elsewhere concerning Kojima Productions, it was reported that Hideo Kojima could be partnering with Junji Ito on a new project. Ito happened to be a pillar for Silent Hills before the falling out of the project, but this could be redeemed if the alleged horror title evolves into a real release. You can read the full report by heading here. Are you interested as to what Kojima Productions has next to reveal?
