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      • Much of Sherman's payday stems from GameStop granting him nearly 1 million shares of the company's stock in mid-2020. That stock was supposed to be paid out in equal amounts over a three-year period. At the time, the shares were worth a total of about $5 million. Since then, GameStop shares have soared to $170, from just under $5 in mid-2020.
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  2. Apr 21, 2021 · Sherman, who has been CEO since April 2019, forfeited $98 million worth of stock this month because he did not meet performance targets, GameStop disclosed last week.

  3. Apr 27, 2021 · When Sherman joined the company in April 2019, GameStop had fiscal-year sales of $8.3 billion and operating income of $310 million. Since then, sales have tumbled and earnings have evaporated....

    • CBS News
    • 4 min
  4. Sep 20, 2023 · When a group of amateur investors rallied around the stock for GameStop back in 2021, the story blew up the internet. News outlets around the world, including us here at Planet Money, rushed in to ...

    • Alexi Horowitz-Ghazi
  5. Apr 19, 2021 · In this article: GME. GRAPEVINE, Texas, April 19, 2021 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that George Sherman will be stepping ...

    • Gamestop Inc.
  6. Feb 1, 2021 · Although the company’s sales are declining and it is losing money, its stock, which closed at $325 Friday, was up over 1,600 percent in January alone, bid higher by a horde of online traders ...

  7. Apr 19, 2021 · It’s game over for GameStop CEO George Sherman. The video game retailer and meme stock announced Monday that Sherman will be stepping down on July 31 — or earlier if a successor is found.

  8. Apr 19, 2021 · The company's shares, which were at the heart of a Reddit-driven trading frenzy, jumped 9% in premarket trade on Monday after GameStop said Sherman would resign on or before July 31 and that it ...

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