GameStop terminates CFO Michael Recupero, names Diana Saadeh-Jajeh as new CFO

GameStop Corp.

Michael Recupero terminated as CFO effective July 7, 2022; no cause severance per offer letter.
Diana Saadeh-Jajeh appointed CFO; previously interim CFO in 2021 and Chief Accounting Officer.
New CFO base salary $200k; eligible for transformation bonus of $1.965M over two years.
RSU grant of $1M in stock value, vesting on July 1, 2023, subject to continued employment.
Severance includes 6 months salary, COBRA, and accelerated equity vesting if terminated without cause.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Diana Saadeh-Jajeh

Chief Financial Officer

GME · GameStop Corp.

Effective: 2022-07-07
Filed: July 7, 2022, 7:59 PM ET

Simultaneously with Mr. Recupero’s termination, Diana Saadeh-Jajeh, who is currently serving as the Company’s Senior Vice President and Chief Accounting Officer, has assumed the role of Chief Financial Officer.

Departed

Michael Recupero

Chief Financial Officer

GME · GameStop Corp.

Effective: 2022-07-07
Successor: Diana Saadeh-Jajeh
Filed: July 7, 2022, 7:59 PM ET

On July 7, 2022, GameStop Corp. (the “Company”) terminated the employment of Michael Recupero as its Chief Financial Officer effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Diana Saadeh-Jajeh changed role as Chief Financial Officer at GameStop Corp..

Action: assumed the role
Role: Chief Financial Officer

Exact text from the filing

Simultaneously with Mr. Recupero’s termination, Diana Saadeh-Jajeh, who is currently serving as the Company’s Senior Vice President and Chief Accounting Officer, has assumed the role of Chief Financial Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Recupero was terminated as Chief Financial Officer at GameStop Corp..

Action: terminated
Role: Chief Financial Officer

Exact text from the filing

On July 7, 2022, GameStop Corp. (the “Company”) terminated the employment of Michael Recupero as its Chief Financial Officer effective immediately.

View on SEC.gov

GameStop Corp. filing history →

Source: SEC EDGAR

accession 0001326380-22-000112

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