• Most Popular
  • Most Shared

Gamestop names new CEO, Fontaine remains chairman

Fri Aug 29, 2008 8:53am EDT

Stocks

   

WASHINGTON, Aug 29 (Reuters) - GameStop Corp (GME.N) Chairman Richard Fontaine will relinquish his role as chief executive to focus on international operations, acquisitions and strategic developments, the video game retailer said on Friday.

Stocks  |  Global Markets

Daniel DeMatteo, who has been chief operating officer of the company since 1996, will take the job of chief executive, and Paul Raines, former executive vice president of U.S. stores for Home Depot Inc (HD.N), will become GameStop's COO, on Sept. 7.

Fontaine, 66, has been GameStop's chairman and CEO since the company's inception in 1996. He becomes executive chairman after these management changes. (Reporting by Tiffany Wu; Editing by Steve Orlofsky)

Stocks
Global Markets


More from Reuters

Photo

EPA questions New York state plan to drill for shale gas

PHILADELPHIA (Reuters) - The U.S. Environmental Protection Agency has "serious reservations" about allowing shale gas drilling in New York City's watershed, warning of a threat to the drinking water for 9 million people.

» More Top News
A picture of an arrow in this file photo. REUTERS/File
OUTLOOK 2010:

The coming Great Inflation

Real or imagined, Americans have plenty of things to worry about. Should inflation be one of them?  Full Article 

ECONOMY
REUTERS/Bernd Debusmann
Bernd Debusmann:

Killing people is easier than killing ideas

All the talk about hunting down those responsible for attacks on the U.S. has a familiar ring.  Commentary 

U.S.