med-img

GameStop CFO Heads to Walmart

Posted February 24, 2010 by James Brightman

It was just last August that we brought you word of Catherine R. Smith's appointment to the role of Chief Financial Officer for GameStop. Her time at the leading games retailer didn't last long, however, as today GameStop announced her resignation. She's leaving to take a position with Walmart International. 

Taking Smith's role as interim CFO, effective immediately, will be Robert A. Lloyd, Senior Vice President and Chief Accounting Officer of GameStop. 

GameStop CEO Daniel DeMatteo commented, "We are fortunate to have a strong executive team, including such talent as Rob, who is a 14-year GameStop veteran. He has been instrumental in guiding the company through its tremendous growth and success. Rob has built and led a financial team that has spearheaded many measures to complete and integrate acquisitions, reduce operating costs and strengthen our position in long-term initiatives, while enhancing value and contributing to keeping GameStop competitive in the marketplace."

GameStop recently saw flat sales over the holiday shopping period, partially caused by a shortage in Wii and PS3 hardware.

James Brightman has been covering the games industry since 2003 and has been an avid gamer ever since the days of Atari and Intellivision. He was previously the EIC of GameDaily Biz.




Newsletter

Sign up for our FREE morning newsletter outlining the day's top stories, and the[a]listdaily for game marketing news.

Sign up