Shortly after Sherman joined the company, he announced plans to close up to 200 stores. "GameStop appreciates the valuable leadership that George has provided throughout his tenure. He took many decisive steps to stabilize the business during challenging times. The Company is much stronger today than when he joined," Cohen said in a statement. But Sherman never really got much of a chance to execute his turnaround plan. The onset of the Covid-19 pandemic in March 2020 upended the economic landscape for the entire retail industry. GameStop was forced to temporarily close stores. Enter Cohen.