New York, USA - July 9, 2013, New York, USA - Barnes & Noble, Inc. announced that William Lynch has resigned as chief executive officer and director of the company.
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Mr. Lynch has been President and Chief Executive Officer of Barnes & Noble, Inc. since February 2, 2009 and March 2010 respectively. Mr. Lynch joined Barnes & Noble from IAC/InterActiveCorp, where he worked for HSN.com, the online outlet of the Home Shopping Network, and Gifts.com.
Mr. Lynch served as President of Barnesandnoble.com llc. He served as President of Barnesandnoble.com, Inc. since February 02, 2009. He served as Executive Vice President and General Manager of HSN.com at IAC/InterActiveCorp. He served as an Executive Vice President and a General Manager of Marketing for Content & Dot Com of HSN, Inc. upon completion of the spin-offs, from November 2007 to January 6, 2008.
He served as an Executive Vice President and a General Manager of Dot Com from December 2006 to October 2007. He served as the Chief Executive Officer and President of Gifts.com Inc., a subsidiary of IAC/InterActiveCorp. since November 2004. Mr. Lynch was the founder of Bandera Capital, where he was a Principal from January 2004 to November 2004.
Prior to Bandera Capital, he served as Vice President and General Manager of Web marketing and eCommerce at Palm Inc. from November 2000 to January 2004, where he oversaw Palm Inc. online and wireless services operating businesses. He was a respected leader in eCommerce for almost a decade.
Mr. Lynch has held various senior level brand management positions for noted consumer products companies, including Diageo, Seagram/Universal and Scout Electromedia, a Chase-Flatiron and Idealab-funded start-up based in San Francisco. He has been a Director of Barnes & Noble, Inc. since October 2011. He is a frequent speaker at industry events on Internet marketing, including repeated guest appearances at The CMO Summit and the Columbia Business School's Silicon Valley Series.
Mr. Lynch holds a BA from the University of Texas and an MBA from the Columbia Business School.
The Company also announced that Michael P. Huseby has been appointed Chief Executive Officer of NOOK Media LLC and President of Barnes & Noble, Inc.
Mr. Huseby joined Barnes & Noble as Chief Financial Officer in March 2012, and has led the Company’s financial organization since that time. Prior to joining Barnes & Noble, he had a distinguished career in the media communications industry having most recently served as Executive Vice President and Chief Financial Officer of Cablevision Systems Corporation, a leading telecommunications and media company.
Mr. Huseby also served in leadership positions at Charter Communications, Inc., the fourth largest cable operator in the U.S, as well as AT&T Broadband, a provider of cable television services.
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.
Mr. Lindstrom joined Barnes & Noble in November 2007 as Vice President, Corporate Controller. Prior to joining Barnes & Noble, Mr. Lindstrom was Chief Financial Officer at Liberty Travel, Inc.
Kanuj Malhotra, Vice President of Corporate Development, has been promoted to Chief Financial Officer of NOOK Media LLC.
Mr. Malhotra joined NOOK Media in May 2012 and in his role as Vice President of Corporate Development has been responsible for developing strategic priorities for growth and profitability. He was previously Senior Vice President and Chief Financial Officer at Affinion International. ■