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New York
– Barnes & Noble (NYSE: BKS) announced on Thursday that CEO Steve Riggio will step
down, to be replaced in the role by current BN.com president William Lynch. The
company also promoted COO Mitchell Klipper to CEO of its retail store group. Riggio
will remain vice chairman of the company. New chief executive Lynch joined
Barnes & Noble last year from HSN.com, and before that was CEO of IAC’s
Gifts.com.


 

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