Private equity firm Apollo Global Management will take Rackspace private in the all-cash deal.
Video game and entertainment software retailer GameStop Corp. has named Catherine R. Smith as executive vice president and chief financial officer, replacing David W. Carlson who will retire next March.
GameStop Corp., video game and entertainment software retailer, announced that Catherine R. Smith has joined the company as executive vice president and chief financial officer. Most recently, Smith was CFO of Centex Corp. and, prior to that, Kennametal Inc.
Smith replaces founding executive vice president and CFO David W. Carlson who will retire from the company next March.
"To leverage David’s experience, he will take an active part in the transition,” says Daniel D. DeMatteo, chief executive officer of GameStop. “David has been one of my closest partners at GameStop. We have shared the difficulties of a small start-up and the accomplishments associated with the building of a multi-billion-dollar company.”
Earlier this month, GameStop announced the hiring of Chris Petrovic as general manager of digital media, a new position within the company, to help the company capitalize on casual, browser and mobile gaming trends.
GameStop is No.113 in the Internet Retailer Top 500 Guide.