Michael K. Mauler has been promoted to CEO of GameStop. The announcement was made this week by Dan DeMatteo, executive chairman of the company, who said the move was effective immediately. Mauler will replace J. Paul Raines, who, after years of battling personal health issues, has decided to step away from the company.
Late last year, Raines took medical leave from the company. It had previously been disclosed that Raines had sought medical treatment after a reoccurrence of a previous illness. In 2014, Raines had a cancerous tumor removed from his brain.
For Mauler, the move to the top of the company’s executive team comes after a 16 year run with GameStop, most recently serving as executive vice president and president of international, which consists of nearly 2,000 retail stores operating under GameStop’s various brands. He had been in that role since 2010, and helped launched the company’s Collectibles business in 2014.
“On behalf of GameStop’s Board of Directors, I am pleased to announce Mike Mauler as our new CEO,” DeMatteo said in a statement. “Mike has been part of the GameStop senior leadership team for many years, where he has played an integral role in creating and driving the blueprint of our diversification strategy, successfully managing our international operations, and growing our core business segments. We are fortunate to have such an accomplished leader, who has a thorough understanding of our operations, business strategy and our stakeholders, and is committed to strengthening our results and driving our Company forward.”
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