US EditionGameStop CEO Ryan Cohen Could Be Set for a $35 Billion Payday – with One Big Caveat
- On Jan 7, GameStop unveiled a compensation package for Chairman and CEO Ryan Cohen, with the board tying full vesting to a $100 billion market-cap and $10 billion in cumulative EBITDA.
- The board structured the package so Ryan Cohen, Chairman and CEO, will receive no guaranteed pay, aligning incentives with long-term shareholder returns and "extraordinary growth," GameStop said.
- The package specifies options to purchase more than 171.5 million shares of GameStop Class A at $20.66 per share, vesting only if $20 billion market-cap and $2 billion EBITDA thresholds are met, while the current market capitalization is $9.26 billion.
- Shares reacted immediately as GameStop shares rose in premarket trading after the regulatory filing Wednesday, and shareholders must approve the package at a special meeting in March or April.
- Compared with Elon Musk's plan, the award echoes Tesla's $1 trillion precedent and poses risks given last year's 36% share slide, said the filing.
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GameStop starts 2026 by closing hundreds of stores as CEO gambles on $35B payday
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GameStop CEO Ryan Cohen could be set for a $35 billion payday – with one big caveat
Betting big on memestocks could pay off, at least for GameStop CEO Ryan Cohen. But a potentially huge payout hinges on a massive turnaround for the volatile video game retailer.
GameStop copies the Elon Musk playbook with a $35 billion CEO pay package - Tech Startups
GameStop unveils a $35 billion pay package for CEO Ryan Cohen to a 10× market cap surge GameStop just placed one of the boldest bets in modern corporate pay, unveiling a compensation plan that could hand CEO Ryan Cohen a […] The post GameStop copies the Elon Musk playbook with a $35 billion CEO pay package first appeared on Tech Startups.
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