4 ms·

Gets paid compensation in stock. So if shareholders lose value, he does too.

• ball_of_lint 5mo ago
  Not exactly, https://investor.gamestop.com/news-releases/news-details/2026/GameStop-Announces-Long-Term-Performance-Award-for-Ryan-Cohen/default.aspx https://investor.gamestop.com/news-releases/news-details/202... He has to hit both the market cap and EBITDA for each tranche of his compensation plan to vest. He could do this by growing the core business, or by doing a merger like the proposed eBay one. Even if such a merger was very dilutive, even value destroying, it could help him vest a tranche he otherwise would not, for more value than the dilution reduces his position. To be absolutely clear, I hope+think in practice that he is aligned with shareholders, especially given that the market cap restrictions appear much easier to hit than the EBITDA ones, but it's important to be precise because there's so much misinformation going around.
  • v4dm 4mo ago
    Do you understand that these shares are not awarded, though? He has to BUY them, so if they are worthless, his comp will be too.
  • 59percentmore 5mo ago
    Well, how much more value? It seems like an awful lot of work to make thousands, if not millions, of shareholders very angry with you, if he's just adding cents-per-dollar to his net worth. I'm not saying that that isn't his aim, and I've definitely considered that a Vader Imposition is in play. But it seems like there are easier ways to make that kind of money without becoming Public Enemy #1, smack-dab in the middle of the "eat the rich" zeitgeist.