After two tumultuous years as head of Grapevine-based GameStop, CEO George Sherman is stepping away with an exit package worth more than $170 million.
Based on a 65-page regulatory filing with the US Securities and Exchange Commission, Sherman will get a nice chunk of change in June, about a month before he's set to depart, when more than 300,000 GameStop shares vested.
Yesterday, those shares closed at $168.93 making the whole pile worth more than $52-million right there.
GameStop has been in news this year because of a Wall Street feud between hedge fund managers and amateur investors who have been bidding up the stock price.