GameStop (GME) announced Wednesday that it appointed two Amazon veterans to serve as the company's new chief executive officer and chief financial officer, in the latest C-Suite shakeup for retailer. The news was released a few minutes before its first quarter results, which topped analysts' estimates.
The company said it tapped Matt Furlong as CEO, effective June 21. Most recently, Furlong was a Country Leader for Amazon's Australia business, and was previously a technical advisor to the head of Amazon's North American consumer business.
GameStop is also bringing on Mike Recupero as CFO beginning July 12. Like Furlong, Recupero also has a multi-year history at Amazon, and most recently served as chief financial officer of the e-commerce giant's North American consumer business.
"These appointments reflect the refreshed Board’s focus on building a technology company and investing in growth," the company said in a statement.
The announcements Wednesday afternoon added to a slew of recent personnel changes at the video game retailer. GameStop has also recently overhauled its board, with Ryan Cohen, co-founder of the e-commerce platform Chewy, voted in as GameStop’s new chair of the board earlier Wednesday morning.
The appointments also represent the latest in a string of key hires pulled from Amazon, underscoring GameStop's increased ambitions in e-commerce. In March, the company brought on another ex-Amazon director, Jenna Owens, as chief operating officer. And in February, GameStop brought on Matt Francis, former engineering leader at Amazon Web Services, as its first-ever chief technology officer.
For GameStop's fiscal first quarter, sales grew by a better-than-expected 25% to $1.28 billion. Losses narrowed to 45 cents per share, excluding some items, compared to losses of $1.61 per share during the same period last year.
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Emily McCormick is a reporter for Yahoo Finance. Follow her on Twitter: @emily_mcck
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