Mitchell Klipper, CEO of Barnes & Noble’s Retail Group, will retire at the end of the fiscal year on May 2nd.
Klipper will continue to serve the company as a special advisor on real estate and other matters. In the meantime, the retailer is looking to fill the position. Klipper will assist in the search and transition.
“Mitchell Klipper’s contributions to Barnes & Noble have been nothing short of spectacular,” stated Leonard Riggio, Chairman of Barnes & Noble. “He, more than anyone, has been the architect of our bookstore superstore expansion all across America. I cannot thank him enough for all he has done for our company, and for what he has meant to me as a friend and colleague. Fortunately, he leaves behind an excellent management team, and will stay on as an advisor.”