Press Release: Barnes & Noble Names Ronald D. Boire Chief Executive Officer
"I believe Ron's extensive experience throughout all facets of the retail industry, combined with his leadership ability and proven track record, make him an ideal Chief Executive for Barnes & Noble," said Leonard Riggio, Chairman of Barnes & Noble, Inc.
As previously announced, the Company plans to separate its College and Retail businesses into two public companies. Once the spinoff of Barnes & Noble Education is completed, which is expected to occur by the end of August, Mr. Boire will become the Chief Executive Officer of Barnes & Noble, Inc., which will include the Retail and NOOK® units. It is also expected that Mr. Boire will join the Barnes & Noble Board of Directors. Michael P. Huseby, who currently serves as Chief Executive Officer of Barnes & Noble, Inc., and as a member of its Board of Directors, will remain in those positions until the effective date of the split at which point he will become Executive Chairman of Barnes & Noble Education, which will have a separate Board of Directors.