GameStop Corp said on Tuesday it named Amazon.com Inc executive Elliott Wilke as chief growth officer, the latest top level appointment after shareholder Ryan Cohen took charge of the video game retailer's e-commerce pivot.
The company's shares, which were at the heart of a Reddit-driven retail trading frenzy early this year, rose nearly 5% in pre-market trading.
GameStop is in the process of shifting its business away from the brick-and-mortar retailer model into an e-commerce business that can compete with large-scale retailers like Target Corp and Walmart Inc, as well as technology companies Microsoft Corp and Sony Corp.
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