Former President and COO of Nintendo of America Reggie Fils-Aimé is now part of Gamestop’s board of directors. According to an announcement from the company, he and two others joined the board and their new titles kicked in immediately.
Joining Reginald, as he is more formally called, is William “Bill” Simon, and James “J.K. Symancyk. Simon was the former President and CEO of Walmart U.S. among several other positions over the past 30 years. While Symancyk is the former President and CEO of PetSmart and Academy Sports & Outdoors and has served 25 years in other retail and consumer positions.
The three are replacing four former directors who announced they retired from the board but it won’t take effect until June. While two other directors will step down in June of 2021.
Gamestop’s CEO, George Sherman, said in a statement about the new 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.””
Combined the three have a total of 90 years of experience in running companies and expanding consumer relations across the globe.
GameStop’s three new directors are highly qualified and collectively bring deep experience and expertise in retail, turnaround, consumer products, gaming and finance that are relevant to the Company’s business, ongoing turnaround and strategic plan to drive long-term shareholder value.”
Reggie posted a statement to his personal Twitter after the announcement saying,
The Gamestop board is made up of ten directors. This news comes after the company recently overwent an entire overhaul to revamp its stores.