Former Nintendo Of America President Reggie Fils-Aime Appointed To Board Of Directors For GameStop

Posted on March 9, 2020 by Nick Moreno

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For Nintendo fans who remembered the events that carried out back in 2019, then-President for Nintendo of America Reggie Fils-Aime announced that he would be stepping down from his position at the North American division of Nintendo that coming April to retire. Taking his position would be Doug Bowser who has worked at Nintendo since 2015 in sales before being promoted to Senior Vice President and later President for Nintendo of America.

With the departure from the company, what came ahead for Fils-Aime was speeches at universities and other places of work revolving around the gaming industry. He even participated as a speaker during this past Game Awards ceremony back in December.

Now today in a new report, it was announced that Reggie Fils-Aime will be joining the ranks of GameStop as he has been appointed to the firm’s Board of Directors. Former Wal-Mart US CEO William “Bill” Simon and currently standing Petsmart CEO James “J.K.” Symancyk will also be joining the Board of Directors.

Here is the statement released by GameStop CEO George Sherman on the new additions to the company’s Board of Directors:

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. 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.

Dissecting statement made from GameStop’s CEO, he highlights the company’s ambitions to make a “turnaround” for the continually depleting company. Each year more and more decreasing turnouts for the company has been reported and with the new line of console hardware on the way, 2020 might be where GameStop resurrects to its initial status more than a decade ago.

The recent results of the company’s decrease affected the stock alongside brick and mortar locations as dozens have closed in the past few years. Staffing at the firm’s headquarters have also been affected with over 100 being laid off and also subjecting to the staff at Game Informer as well.

What do you think might turnout for GameStop with these new faces welcomed to the company’s Board of Directors?

Source: GameStop

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