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Ryan Cohen could be in for a big payday if he grows GameStop to $100B
GameStop ties CEO Ryan Cohen’s potential payout to a $100B market-cap and $10B EBITDA growth plan.
GameStop’s board granted CEO Ryan Cohen performance based stock options that will only vest if he boosts the videogame retailer’s market capitalization to $100 billion and achieves $10 billion in cumulative EBITDA. Under the plan, Cohen gets no salary, cash bonus, or guaranteed equity; the award hinges entirely on hitting ambitious growth milestones before shareholders vote on the plan.