GameStop fires CEO Matt Furlong months after axing crypto push By Cointelegraph
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GameStop (NYSE:) has fired its CEO Matt Furlong, the executive responsible for launching the company’s push into nonfungible tokens (NFTs).
According to a June 7 statement, Furlong was terminated, while Ryan Cohen — a billionaire investor held in high esteem by memestock traders following the notorious GameStop short squeeze in 2021 — was promoted to the role of executive chairman. Minutes after the company announced Furlong’s termination, Cohen tweeted a cryptic message stating, “Not for long.“
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© Reuters
GameStop (NYSE:) has fired its CEO Matt Furlong, the executive responsible for launching the company’s push into nonfungible tokens (NFTs).
According to a June 7 statement, Furlong was terminated, while Ryan Cohen — a billionaire investor held in high esteem by memestock traders following the notorious GameStop short squeeze in 2021 — was promoted to the role of executive chairman. Minutes after the company announced Furlong’s termination, Cohen tweeted a cryptic message stating, “Not for long.“
Continue Reading on Coin Telegraph
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