GameStop appointed Duane Morris FinTech attorney Cindy Yang as vice president and assistant general counsel as the company continues its move from a brick-and-mortar video game store to an eCommerce technology marketplace.
“Looking forward to tackling cutting-edge legal and regulatory issues involving #blockchain, #digitalassets, #nfts, #metaverse, #web3 and #nftgaming, as well as championing #innovation in one of the coolest and most influential companies in the world,” Yang posted on LinkedIn when announcing the news.
See also: GameStop’s Reinventions Giving Investors Whiplash
Yang has a background in intellectual property and more than 20 years of experience in private practice. She used her background in intellectual property to develop the FinTech Industry Practice Group at Duane Morris, which explored blockchain, cryptocurrencies and NFTs. Prior to that, she was a partner at Schiff Hardin for four years and a partner at Dickstein Shapiro for eight years.
In her new role at GameStop, she will work with the company’s recently-named general counsel, Mark Robinson, who was formerly assistant general counsel and the chief ethics and compliance officer. He’s been with GameStop since 2015 and took over the top legal role permanently in January.
Read more: GameStop Overhauls Board, Appoints Chewy Co-Founder
Since early last year, GameStop has been restructuring its board of directors and senior management, starting with the board appointment of eCommerce pet marketplace Chewy co-founder and CEO Ryan Cohen. Cohen has been focused on transforming the company from its physical store roots to an online business.
Cohen recruited former Amazon executive Matthew Furlong as CEO and ex-Amazon CFO Mike Recupero as CFO. Additional new board members include Alan Attal, Larry Cheng, and Jim Grube. Veteran board member is Yang Xu.
You may also enjoy: Is GameStop’s New NFT Marketplace Diversification or Distraction?
With new management and an eCommerce strategy in place, GameStop is now moving ahead with plans to create an NFT marketplace and at the end of last year was actively looking for NFT creators. The GameStop NFT marketplace started developing last year, with job openings appearing as early as April 2021, along with another batch in October, PYMNTS reported.
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NEW PYMNTS DATA: ACCOUNT OPENING AND LOAN SERVICING IN THE DIGITAL ENVIRONMENT
About: Forty-two percent of U.S. consumers are more likely to open accounts with FIs that make it easy to auto-share their banking details during sign-up. The PYMNTS study Account Opening And Loan Servicing In The Digital Environment, surveyed 2,300 consumers to examine how FIs can leverage open banking to engage customers and create a better account opening experience.
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