GameStop Corp. GME,
said Tuesday afternoon that chief financial officer Jim Bell will resign on March 26th. No motive was given and the company, whose actions are often cited as one of the “meme stocks” that recently skyrocketed thanks to the impulses of Reddit and other social media posts, thanked Bell for his “important contributions and leadership, including his efforts over the past year during the COVID-19 pandemic.” GameStop said it has begun a search for a permanent replacement “with capabilities and qualifications to help accelerate GameStop’s transformation.” The retailer said that if a permanent CFO is not found at the time of Bell’s departure, he plans to appoint accounting director Diana Jajeh to the position of interim CFO. Shares of GameStop fell 3% in the extended session after the end of the regular session 2.2%.