Barnes & Noble fires its CEO Parneros without severance pay

Barnes & Noble has fired CEO Demos Parneros for violating company policies and said he'll exit the post without severance.A spokeswoman declined to say why he'd been terminated. It was "not due to any disagreement with the company regarding its financial reporting, policies or practices or any potential fraud," the company said in a statement Tuesday.The book seller will begin a search for a new CEO. In the meantime, it has appointed a leadership group to share the role's duties until a new leader is named, including Chief Financial Officer Allen Lindstrom, Chief Merchandising Officer Tim Mantel, and Carl Hauch, VP of stores. Leonard Riggio remains executive chairman. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2018-07-04 00:00:00 UTC ]
News tagged with: #barnes noble #spokeswoman declined #financial reporting #potential fraud #statement tuesday #book seller

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CUP publishing staff reject 2% pay increase

Written By: Graeme Neill Publication Date: Fri, 18/02/2011 - 08:15 Publishing staff at Cambridge University Press (CUP) have voted to reject a pay increase of 2%. The proposed pay increase, which CUP has described as reasonable and in line with other pay settlements, has led the Unite union to... Continue reading at The Bookseller

[ The Bookseller | 2011-02-18 00:00:00 UTC ]
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Even $600 is too much for many gadget geeks to pay for Motorola XOOM

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[ Betanews | 2011-02-17 00:00:00 UTC ]
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Hearst pays 651m for Lagardère magazine business

Hearst Corporation has made a "binding offer" of 651m (£559m) for Lagardère's international magazine business, which includes a licensing agreement for fashion magazine Elle. Continue reading at Media Week

[ Media Week | 2011-01-31 00:00:00 UTC ]
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NYT Pay Wall Could Debut Next Month

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