Advertisement
03/05/2018

GameStop’s former CEO loses battle with cancer

J. Paul Raines, the former CEO of Game Stop, has died at the age of 53.

The company announced his passing in a statement it released on Monday.

"We are profoundly sad to learn of the passing of our friend and former chief executive officer, J. Paul Raines,” said Mike Mauler, CEO, GameStop. “His spirit is woven into the fabric of our company and the entire GameStop family mourns this loss.” (Full statement at end of article.)

Raines joined GameStop in 2008, as COO, and was named CEO in 2010. Prior to Game Stop, he spent eight years with Home Depot in various management positions, including COO and president of the southern division. Before Home Depot, Raines spent four years with L.L. Bean, and 10 years with Kurt Salmon Associates.

Gaines left GameStop in November due a reoccurrence of a previously disclosed medical issue for which he was seeking treatment. He had been treated for a cancerous brain tumor in 2014.

GameStop executive chairman Daniel A. DeMatteo stepped in as interim CEO when Raines stepped down. In February, the company appointed Mauler, a 16-year Game Stop veteran, as its new CEO.

Here is the full statement from GameStop CEO Mike Mauler:

"We are profoundly sad to learn of the passing of our friend and former chief executive officer, J. Paul Raines. His spirit is woven into the fabric of our company and the entire GameStop family mourns this loss. Paul was a brilliant man and remarkable visionary, as well as a compassionate, caring and inspirational community leader who was beloved by many Paul cared deeply about his work and his GameStop family, but his greatest love was for his family. Our heartfelt sympathies go out to them and all those whose lives and hearts Paul touched during his journey.”