GameStop CEO Cohen Withdraws $35 Billion Bonus Plan Tied to $100 Billion Market Cap
GameStop Corp CEO Ryan Cohen requested the board scrap a performance award worth up to $35 billion tied to reaching $100 billion market cap, saying he wants management focused on operating performance and the company's proposed eBay acquisition.
GameStop Corp's board terminated a CEO performance award after Ryan Cohen requested the cancellation, saying he wants leadership fully focused on the company's operating performance and its pursuit of online marketplace eBay [1]. The award, approved in January 2026, would have paid Cohen as much as $35 billion if GameStop reached a market capitalization of $100 billion [1].
Cohen is chief executive officer of the video game retailer, which has pursued a strategic shift toward e-commerce and digital revenue. Bloomberg reported that Cohen withdrew the bonus plan so GameStop can concentrate on its proposed eBay acquisition [2].
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