Us video game retailerGame stationJim Bell, its chief financial officer, will leave next month, it was announced after trading on Tuesday. The news comes at a time when the company is focused on shifting to technology-driven sales after the end of the retail battle over the stock.
The game station said Bell's resignation was not a matter of disagreement with the company on operational issues, including accounting principles and practices.
However, it has been reported that while Bell's exit had nothing to do with the sharp fluctuations in the share price of PlayStation caused by retail traders on the social media site Reddit, his departure was requested by the company.
As the company tries to transform itself into a technology-oriented company, management is unhappy with Bell and has no confidence that he will be qualified as chief financial officer in the future, according to sources familiar with the thinking of game station management.
Bell, who has previously worked at brick-and-mortar retailers Gap, Coldwater Creek and restaurant chain P. F. Chang's China Bistro, will leave the company on March 26.
After the announcement, game post shares fell about 5% after trading on Tuesday and are now down about 3%. Although it has fallen sharply from the all-time high of $482.95 set in late January, the stock is still up about 140 per cent this year.