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Fortune
Fortune
Chris Morris

Ryan Cohen, the meme stock king who led GameStop's huge surge 2 years ago, just became its (unpaid) CEO

Ryan Cohen GameStop Chewy
Dumb Money clip (Credit: Claire Folger/Sony Pictures via AP)

Meme stock king Ryan Cohen is taking control of GameStop.

The Chewy founder, who already serves as chairman of the board and owns roughly 12% of the company’s stock, has been named president and CEO of the video game retailer. The company has been without a chief executive since June when it terminated former Amazon executive Matt Furlong.

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