GameStop has revealed their next CEO as Michael K. Mauler, the company’s current executive vice president and president of international business.
A 16 year veteran of the company, Mauler is set to adopt the new role immediately, joining the company’s board of directors and taking over the duties currently handled by interim CEO Dan DeMatteo. DeMatteo, meanwhile, will return to his regular position as the company’s executive chairman.
“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.” DeMatteo says. “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.”
Mauler’s appointment as CEO follows the departure of the company’s former CEO, J. Paul Raines, last November for health reasons. Raines took over the position in 2010 and oversaw much of the company’s diversification of retail past the company’s physical game sales. His tenure with the company, along with his reserved seat on the board of directors, is set to officially end in mid-March.