Barnes & Noble Plays Musical Chairs With Senior Management

B&N can't make a profit, but the ailing retailer sure can hire new VPs.

In the past month B&N has announced the hiring of a new VP of Stores and a new VP of real estate development under what could well be described as a clean sweep policy.

One of the VPs who had been let go had been hired by the previous B&N CEO, Ron Boire, and held his position for under a year. Other senior management have also left the company during the past year.

Barnes & Noble Plays Musical Chairs With Senior Management Barnes & Noble

The VP of stores, Carl Hauch, comes to Barnes & Noble via CityMed and Advance Auto Parts. He replaces Michael Ladd, who had held the position since last June. (Ladd came to B&N from Sears, possibly with Ron Boire.)

The new VP of real estate development, James Lampassi, joins B&N from Petco. He is replacing a 21-year Barnes & Noble veteran, David Deason.

In related news, Jaime Carey, who had been hired as President of the restaurant group in June 2016,  left the company in December (according to his LinkedIn profile).

He left a company that has struggled to respond to a pair of paradigm shifts. More and more retail sales move online and a lot of book sales shifted to digital, and B&N has not been able to cope with either change.

It has seen its revenues decline every year for the past decade, and its one real hope to reverse the trend, the Nook, imploded in the 2012 Christmas season and never recovered.

At this point there is no known solution to B&N's woes; perhaps we could crowd source one?

image by Henry Söderlund

 

About Nate Hoffelder (11082 Articles)

Nate Hoffelder is the founder and editor of The Digital Reader:

“I’ve been into reading ebooks since forever, but I only got my first ereader in July 2007. Everything quickly spiraled out of control from there. Before I started this blog in January 2010 I covered ebooks, ebook readers, and digital publishing for about 2 years as a part of MobileRead Forums. It’s a great community, and being a member is a joy. But I thought I could make something out of how I covered the news for MobileRead, so I started this blog.”

1 Comment on Barnes & Noble Plays Musical Chairs With Senior Management

  1. B&N is in trouble but it is too late to fix their digital footprint. Making a partnership (not merger) with Amazon somehow may keep the company relevant.

    Nate you have a type in the phrase “coul” crowd source one.

2 Trackbacks & Pingbacks

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