Borders Executive VP Resigns

By Jason Boog 

Borders reported to the SEC that chief merchandising officer and executive VP Michele M. Cloutier resigned last week.

Follow this link to see the filing.

Borders turned over its eBook business to the Kobo platform last week. In addition, judge Martin Glenn granted Borders an extension to finalize its reorganization plans following news that “several bidders” are interested in the bookstores.