Thursday, April 27, 2017

Barnes & Noble Names a New CEO, Again

A Barnes & Noble Inc. Store Ahead of Earnings FiguresBarnes & Noble has a new CEO, its fourth in the last four years.

The venerable but struggling bookstore chain said on Thursday it had named its operations chief of five months, Demos Parneros, to be its new chief executive.

The hiring comes eight months after Barnes & Noble ousted Ron Boire not even a year into his tenure, saying he was "not a good fit" in unusually direct language for a corporate release. The departure created new tumult at a bookstore chain trying to get back to growth and be ready for Amazon.com's latest incursion on its turf with physical stores.. . . more

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