Video game retailer GameStop declared this morning through press release that the firm’s current CEO Michael K. Mauler has resigned.
His departure comes as rather a surprise considering that he’d only just started as GameStop’s CEO in February of this year. Mauler’s decision to resign is effective immediately and finishes his tenure over sixteen years with the business.
Daniel A. DeMatteo will probably act as the company’s interim Chief Executive Officer although the board of supervisors in GameStop continues to search for a permanent CEO. DeMatteo spoke a bit about his new temporary appointment while also discussing the company’s CFO, Rob Lloyd, that will work alongside him at this time.
“Provided my hands and familiarity with the company and our associates, it’s a natural step for me to assume this role and direct the business at this time while the board searches for a permanent CEO. I am happy to have Rob Lloyd, our CFO, and his 22 years of experience with GameStop together with me as we work towards accomplishing against our 2018 goals. We continue to believe in GameStop and the many passionate partners that drive our business and are motivated by the opportunities before us. ”
DeMatteo has served as the CEO of both GameStop at the past, and it has filled other different executive functions for over twenty five decades, so he has plenty of experience to guide them throughout that adjustment.