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GameStop CFO Jim Bell resigns in wake of Reddit trading frenzy

GameStop is looking for a new CFO to help ‘accelerate its transformation’ after being rocked by a Reddit-led trading frenzy.

GameStop has recently been rocked by a Reddit-led frenzy. Picture: Spencer Platt/Getty Images/AFP.
GameStop has recently been rocked by a Reddit-led frenzy. Picture: Spencer Platt/Getty Images/AFP.

GameStop Corp said on Wednesday morning (AEDT) that it has begun a search for a new chief financial officer after Jim Bell said he would resign, effective March 26.

The video game, consumer electronics, and gaming merchandise retailer said it has begun a search for a permanent CFO to replace Mr Bell “with the capabilities and qualifications to help accelerate GameStop’s transformation.”

The company, which has recently been rocked by a Reddit-led frenzy, said that on the chance that it doesn’t find a suitable replacement by the time Mr Bell departs, it will appoint current Senior Vice President and chief accounting officer Diana Jajeh to the role.

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Original URL: https://www.theaustralian.com.au/business/the-wall-street-journal/gamestop-cfo-jim-bell-resigns-in-wake-of-reddit-trading-frenzy/news-story/dcba961082f2096c3f9fd3f88de03719