GameStop (GME) announced it has granted a performance-based stock option award to Chair and CEO Cohen

GameStop's grant of a performance-based stock option to CEO Cohen signals a significant commitment to driving extraordinary growth, but it sets ambitious targets.

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GameStop (GME) announced it has granted a performance-based stock option award to Chair and CEO Cohen

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  • The award is designed to incentivise Cohen to achieve "extraordinary" growth.     
  • In order for the award to fully vest, the Company’s market capitalization would have to grow to USD 100bln and it would need to achieve USD 10bln  Cumulative Performance EBITDA 
Context

The requirement to reach a USD 100 billion market cap and USD 10 billion in cumulative performance EBITDA indicates the company is aiming for a dramatic turnaround, which could impact investor sentiment and expectations around future performance.

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