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GameStop Proposes $35B Pay Plan for CEO Ryan Cohen

1/10/2026

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Summary

Story summary

GameStop proposed a $35 billion pay package for Ryan Cohen, CEO of GameStop Corp., contingent on performance.
The plan requires a $100 billion market value and $10 billion in cumulative earnings before interest, taxes, depreciation, and amortization (EBITDA) to vest, mirroring Elon Musk's Tesla approach.
Cohen would receive compensation solely as stock options, with no guaranteed salary or bonuses.
Shareholders will vote on the package in March or April 2026.

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Story summary

GameStop proposed a $35 billion pay package for Ryan Cohen, CEO of GameStop Corp., contingent on performance.
The plan requires a $100 billion market value and $10 billion in cumulative earnings before interest, taxes, depreciation, and amortization (EBITDA) to vest, mirroring Elon Musk's Tesla approach.
Cohen would receive compensation solely as stock options, with no guaranteed salary or bonuses.
Shareholders will vote on the package in March or April 2026.