GameStop CEO Cohen drops $35B bonus plan amid eBay bid push, shareholder lawsuit
Key takeaways
- The award, approved in January 2026, would have paid Cohen as much as $35 billion if GameStop reached a market capitalization of $100 billion.
- Its removal comes as the video game retailer faces mounting investor backlash over its unsolicited $56 billion bid for eBay, a company roughly four times GameStop s size.
- eBay s board has already rejected the offer as "neither credible nor attractive," citing concerns over financing and leadership.
Game Stop CEO Cohen drops $35B bonus plan amid e Bay bid push, shareholder lawsuit Game Stop CEO Cohen drops $35B bonus plan amid e Bay bid push, shareholder lawsuit Proactive uses images sourced from Shutterstock Proactive Thu, June 25, 2026 at 12:07 AM GMT+7 1 min read GME EBAY Game Stop Corp (NYSE:GME) s board has scrapped a proposed CEO performance award after a request from CEO Ryan Cohen, who said he wants leadership focused on the company s operating performance and its pursuit of online marketplace eBay.
The award, approved in January 2026, would have paid Cohen as much as $35 billion if GameStop reached a market capitalization of $100 billion.
Its removal comes as the video game retailer faces mounting investor backlash over its unsolicited $56 billion bid for eBay, a company roughly four times GameStop s size.