GameStop Promotes Key Executives

GameStop Corp.’s board of directors (Grapevine, Texas) has promoted existing executives into new positions within the company, including: Daniel DeMatteo, from ceo to executive chairman; J. Paul Raines, from chief operating officer to chief executive officer; Tony Bartel, from executive vp, merchandising and marketing to president; and Robert Lloyd, from senior vp and acting interim chief financial officer to executive vp and chief financial officer.

The video game and entertainment software retailer previously announced that Michael Mauler was named executive vp, GameStop Intl.

“I am pleased to congratulate the team along with our board on the execution of this succession plan that has been two years in the making,” says DeMatteo. “Paul, Tony, Rob and Mike are filling key positions that will allow GameStop to continue its growth both here and internationally.”

The company’s plans include expansion into new markets and a continued focus on strategic initiatives, such as its new loyalty program, downloadable content (DLC) marketing and sales, and the evolution of GameStop.com.

The board also announced that R. Richard (Dick) Fontaine will continue in his role as chairman international, partnering with DeMatteo and Mauler on the strategic growth of GameStop’s network of more than 2000 international locations. Raines added that the new structure “reflects the fact that the video game industry is evolving into different platforms beyond the console, and GameStop is well positioned as a multi-channel retailer and aggregator for all things gaming.”

GameStop Corp. operates 6486 retail stores in 17 countries worldwide.