GameStop Appoints Daniel A. DeMatteo as Interim CEO and Resignation of Michael K. Mauler

5/11/18

GRAPEVINE, Texas, May 11, 2018 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE:GME), today announced that the company’s Board of Directors has appointed Daniel A. DeMatteo as interim chief executive officer following the resignation of Michael K. Mauler for personal reasons, effective immediately. Mr. DeMatteo, one of the company’s co-founders, will continue to serve as executive chairman and director. In the past, Mr. DeMatteo has served as the company’s chief executive officer and in a variety of board and executive roles since November 1996.

Mr. DeMatteo stated, “Given my tenure and familiarity with the company and our associates, it’s a natural step for me to assume this role and guide the business at this time while the board searches for a permanent CEO. I’m happy to have Rob Lloyd, our CFO, and his 22 years of experience with GameStop alongside me as we work towards executing against our 2018 objectives. We continue to believe in GameStop and the many passionate associates that drive our business and are encouraged by the opportunities ahead of us.”

Robert A. Lloyd has been with GameStop since 1996 and has held various financial and leadership roles of increasing responsibility prior to being named chief financial officer in 2010.

About GameStop

GameStop Corp., a Fortune 500 company headquartered in Grapevine, Texas, is a global, multichannel video game, consumer electronics and wireless services retailer. GameStop operates over 7,200 stores across 14 countries. The company's consumer product network also includes www.gamestop.com; Game Informer® magazine, the world's leading print and digital video game publication; and ThinkGeek, www.thinkgeek.com, the premier retailer for the global geek community featuring exclusive and unique video game and pop culture products. Our Technology Brands segment includes nearly 1,400 Spring Mobile AT&T and Simply Mac stores. Spring Mobile, www.springmobile.com, sells all of AT&T’s products and services, including DIRECTV, devices and related accessories in select markets in the U.S. Simply Mac, www.simplymac.com, sells the full line of Apple products, including laptops, tablets, and smartphones and offers Apple certified warranty and repair services.

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