GameStop has terminated Chief Financial Officer Michael Recupero’s employment, effective immediately, according to a securities filing.
Recupero started less than a year ago, replacing former CFO Jim Bell amid an executive shakeup engineered by investor and current Chairman Ryan Cohen. Replacing Recupero is current Chief Accounting Officer Diana Saadeh-Jajeh.
GameStop is also prepping corporate layoffs as it continues work on a digital and technological transformation, according to a memo reported on by CNBC and gaming news site Kotaku. GameStop did not immediately respond to a request for comment on the layoffs.Retail Dive