George E. Sherman was the CEO of GameStop from April 2019 until April 2021. His leadership coincided with a significant period for the company, especially amid the retail shifts and the meme stock phenomenon that brought GameStop to the front...

Number of Employees

8K

Year

2021

Total Compensation

$295.65M

Salary

$469.62K

Board Justification

The compensation philosophy for the CEO aligns with long-term stockholder value creation, focusing on equity compensation and reduced cash compensation.

Bonus

$0.00

Board Justification

No bonuses were awarded to Mr. Sherman in 2021 as he was not part of the new compensation program due to his departure from the Company.

Other

$182.69K

Board Justification

Other compensation includes life insurance and other benefits as outlined in the compensation table.

Restricted Stock

$295.00M(1.32M common stock)

Board Justification

Mr. Sherman had 1,316,931 shares that vested during fiscal 2021, which were part of his previous compensation package before his departure.

Performance Metrics

The performance metrics for the CEO's compensation were not linked to specific performance goals in 2021 due to the transition in leadership.

SEC Filing

From April 21, 2022