Barnes & Noble CEO William Lynch has resigned. In addition, Michael P. Huseby will serve as CEO of NOOK Media and Barnes & Noble, Inc. president.
Lynch had this statement:
I appreciate the opportunity to serve as CEO of this terrific Company over the last three years,” said William Lynch. “There is a great executive team and Board in place at Barnes & Noble, and I look forward to the many innovations the Company will be bringing to its millions of physical and digital media customers in the future.
Barnes & Noble College CEO Max J. Roberts will will “continue to lead the digital education strategy” while reporting to Huseby. The company also made two promotions:
The Company also announced that Allen Lindstrom, Vice President and the Company’s Corporate Controller, has been promoted to Chief Financial Officer of Barnes & Noble, Inc. He will report to Mr. Huseby. Kanuj Malhotra, Vice President of Corporate Development, has been promoted to Chief Financial Officer of NOOK Media LLC.