The Canadian Press - ONLINE EDITION

GameStop CEO Paul Raines treated for cancerous brain tumour; company expects him to stay in job

  • Print

NEW YORK, N.Y. - GameStop Corp. said Tuesday that its CEO, Paul Raines, had surgery last week to remove a cancerous brain tumour.

The video game retailer said the tumour was "very small" and found early. The prognosis for a full recovery is "very good," GameStop said in a filing with the Securities and Exchange Commission.

Raines, 50, will now undergo preventive chemotherapy. The treatment is expected to take about six weeks.

The Grapevine, Texas company said that Raines will restrict travel during that period, but the treatment should not interfere with his job.

"We have every confidence in Paul's continued leadership and wish him a speedy recovery," said GameStop's Executive Chairman Daniel DeMatteo in a statement. "While he recovers, our highly-tenured executive team will ensure that our business continues without interruption."

Raines was named to the CEO post in June 2010.

The company, which operates about 6,600 stores around the world, is expected to release is second-quarter earnings report on Thursday.

GameStop shares rose 61 cents to $41.25 in morning trading Tuesday.

Fact Check

Fact Check

Have you found an error, or know of something we’ve missed in one of our stories?
Please use the form below and let us know.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.

letters

Make text: Larger | Smaller

LATEST VIDEO

Lindor Reynolds speaks candidly about life with terminal cancer

View more like this

Photo Store Gallery

  • Carolyn Kavanagh(10) had this large dragonfly land on her while spending time at Winnetka Lake, Ontario. photo by Andrea Kavanagh (mom0 show us your summer winnipeg free press
  • A young gosling prepares to eat dandelions on King Edward St Thursday morning-See Bryksa 30 Day goose challenge- Day 17- bonus - May 24, 2012   (JOE BRYKSA / WINNIPEG FREE PRESS)

View More Gallery Photos

Poll

Will you get out and vote for a new mayor and council?

View Results

View Related Story

Ads by Google