GameStop Corp. Promotes DeMatteo to Vice-Chairman and Chief Operating Officer; Names DePinto to the Position of President
GRAPEVINE, Texas--(BUSINESS WIRE)--March 15, 2005--GameStop Corp. (NYSE:GME)(NYSE:GME.B):
-- Chinn Promoted to Senior Vice President Stores, Summey Named Senior Vice President Real Estate and Development -- Beuttell Joins GameStop as Senior Vice President Marketing and Merchandising
GameStop Corp. (NYSE:GME)(NYSE:GME.B), the nation's largest video game and entertainment software specialty retailer, today announced that Dan DeMatteo has been promoted to Vice-Chairman and Chief Operating Officer; and Joe DePinto has been named President, GameStop.
Bill Chinn has been promoted to Senior Vice President Stores, and Marc Summey has been promoted to Senior Vice President Real Estate and Development.
In addition, Jack Beuttell has joined GameStop as Senior Vice President Marketing and Merchandising.
"The contributions that Dan, Bill and Marc have made to GameStop during their tenure have been instrumental in our company's rapid growth from 400 to over 1,800 stores, and from a private to a public company. Their proven leadership and management skills will be even more important as we continue to aggressively grow GameStop," said R. Richard Fontaine, Chairman and Chief Executive Officer. "The addition of Joe DePinto and Jack Beuttell, two outstanding executives with great track records, positions us to more rapidly capitalize on the added opportunities that this exciting business presents."
Mr. DeMatteo has served GameStop Corp. as President and Chief Operating Officer since its inception in November 1996. He has also held various senior executive positions with Software Etc., B. Dalton, and Super Valu Stores, Inc.
Mr. DePinto was most recently with 7-Eleven, where he held the position of Vice President of Operations. Prior to joining 7-Eleven, he held various senior management positions with Pepsico, Inc. He is a graduate of the United States Military Academy at West Point, and also holds an M.B.A. from Northwestern University's Kellogg School of Management.
Mr. Chinn has served GameStop Corp. as Vice President Stores since April 2000 and has been in the video game business since 1989. He has held various positions within the company including store manager, district manager, and regional director.
Mr. Summey has served GameStop Corp. as Vice President Real Estate since March 1998. Prior to joining GameStop, Mr. Summey held various senior executive positions with Zale Corporation.
Mr. Beuttell was most recently with Bombay Company, where he held the position of Vice President, International Strategies, and President of Bombay International. Prior to joining Bombay Company, Mr. Beuttell was Director of International Marketing and Sales for Ben & Jerry's, and has had marketing experience with Mattel and Atari. He holds an M.A. and a B.S. in Business Administration from Babson College.
About GameStop Corp.
Headquartered in Grapevine, Texas, GameStop Corp. (NYSE:GME)(NYSE:GME.B) is the nation's largest video game and entertainment software specialty retailer, based on the number of U.S. stores and U.S. revenues. The company operates 1,746 retail stores throughout the 50 states, the District of Columbia, Puerto Rico and Ireland, primarily under the GameStop(R) brand. In addition, the company owns a commerce-enabled Web property, GameStop.com, and Game Informer(R) magazine, a leading video and computer game publication.
GameStop Corp. sells the most popular new software, hardware and game accessories for the PC and next generation video game systems from Sony, Nintendo, and Microsoft, and is also the industry's largest reseller of used video games. In addition, the company sells computer and video game magazines and strategy guides, action figures, and other related merchandise to more than 30 million customers.
General information on GameStop Corp. can be obtained via the Internet by visiting the company's corporate Website: http://www.gamestop.com/investor-relations/.
CONTACT: GameStop Corp., Grapevine Media Contact Director, Public & Investor Relations Lori M. Milovich, 817-424-2130 or Investor Contact Executive Vice President & Chief Financial Officer David W. Carlson, 817-424-2130 SOURCE: GameStop Corp.