Funny that you cannot mention Fontaine's first name
..in a post without it getting flagged\deleted. I was wondering why my comments were not being posted on this. I believe that Fontaine may be retiring this time around given the big block of shares, 180,000 that he just sold. I remember that he re-neged on retiring last year when that short-term CFO left. Now Lloyd is firmly entrenched as CFO so it's a good time for him to retire probably.
Found this online. Not sure if I see any reason for his selling:
"R. Richard Fontaine Chairman International Gamestop Corporation Grapevine , TX Sector: SERVICES / Electronics Stores
68 Years Old R. Richard Fontaine is our Executive Chairman of the Board. He served as our Chairman of the Board and Chief Executive Officer from GameStop?s predecessor company?s initial public offering in February 2002 until August 2008. Mr. Fontaine is also a member of the Executive Committee. Mr. Fontaine served as the Chief Executive Officer of our predecessor companies from November 1996 to February 2002. He has been an executive officer or director in the video game industry since 1988. Effective April 5, 2010, Mr. Fontaine?s employment agreement was amended to extend his role as Executive Chairman of the Company until March 26, 2011. Effective March 27, 2011 through March 3, 2013, Mr. Fontaine shall become Chairman International of the Company and his employment will cease effective March 3, 2013. On June 2, 2010 GameStop Corp. announced that R. Richard Fontaine has been promoted to Chairman International."