Billionaire Chair Ryan Cohen Named GameStop CEO—Years After Meme Stock Surge

Ryan Cohen—GameStop's largest investor and board chairman—was named the company's CEO Thursday, the latest in a revolving door of leaders that have come and gone since GameStop was targeted as a meme stock in January 2021. Billionaire Cohen, founder of the Chewy online pet supply store, will serve as CEO in addition to his other roles, the Texas-based company said Thursday, but won’t be compensated for the job. Cohen is the third CEO to take the helm of GameStop in the last two years, replacing former Amazon executive Matt Furlong,...