GameStop CEO Paul Raines treated for cancerous brain tumor; company expects him to stay in job

MarketsAssociated Press

GameStop Corp. says its CEO Paul Raines had surgery last week to remove a cancerous brain tumor.

The video game retailer says the tumor was found early and that doctors say his prognosis for a full recovery is very good.

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Raines, who is 49, will now undergo chemotherapy which is expected to take about six weeks.

The Grapevine, Texas company says that Raines will restrict travel during that period, but the treatment should not interfere with his job. He was named to the CEO post in June 2010.