Barnes & Noble, Inc., today announced the appointment of Michael P. Huseby to Chief Executive Officer. Immediately, in his role, Mr. Huseby will be responsible for all of the Company’s business units including Barnes & Noble Retail, Barnes & Noble College and NOOK Media. He will report to the Board of Directors and has been elected to serve on the Board. Mitchell Klipper, CEO of the Retail Group, which includes Barnes & Noble.com, and Max Roberts, CEO of Barnes & Noble College, will report to Mr. Huseby, as will the NOOK® device and content unit. Mr. Huseby joined Barnes & Noble as Chief Financial Officer in March, 2012, and was promoted to President in July, 2013.
“Since the day he joined the company, Mike has proven to be an excellent financial and business executive, whose leadership skills have earned the respect of the entire organization, as well as our Board of Directors,” said Leonard Riggio, Chairman, Barnes & Noble, Inc. “Although a relative newcomer to the retail book business, he has quickly developed a comprehensive understanding of the unique opportunities and challenges the Company faces, and he has a vision for the future in which I am in complete accord. Mike also has a passion for bookselling, which makes him a perfect fit for this job,” Mr. Riggio added.
“I am excited and honored to have been chosen as CEO of one of America’s most beloved companies,” said Michael Huseby, Chief Executive Officer, Barnes & Noble, Inc. “I am pleased, as well, to be joining an organization which is driven by both a sense of mission, and by a commitment to achieve excellence in everything it pursues. Led by Mitchell Klipper, Max Roberts and many exceptional leaders, not to mention thousands of dedicated booksellers, the company is well positioned to maintain and grow its leadership position in the worlds of bookselling and the sale of digital media. My role, as I see it, is to enhance and unlock the value of these businesses for our shareholders. We are well-positioned in today’s dynamic reading and learning markets and confident in our ability to provide our customers with the best content offerings, digital media and educational products available in today’s marketplace,” Mr. Huseby added.
To read the full press release, click here.