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GameStop's outgoing CEO will stroll away with hundreds of thousands – MarketWatch

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It’s a profitable time to be leaving GameStop Corp.’s C-suite because the run-up within the videogame retailer’s share worth has enabled 4 executives to depart with vested inventory now valued at roughly $290 million.

Separation agreements between GameStop
GME,
-6.56%

and the 4 executives, together with Chief Govt Officer George Sherman, have provisions that allow inventory awarded throughout their tenure to vest once they go away. Whereas such a dealing with of management transitions isn’t atypical, it does probably permit the executives to promote their shares close to GameStop’s traditionally excessive ranges.



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