Barnes & Noble bolsters finance department
NEW YORK — Barnes & Noble has announced the appointment of Thomas Donohue as VP treasurer; Kanuj Malhotra as VP corporate development; and the promotion of Andy Milevoj to VP investor relations, all reporting directly to Mike Huseby, CFO.
Donohue will be responsible for leadership and direction of all treasury activities including corporate finance, capital structure, cash management, financial risk management, international finance, debt management and relationships with financial institutions. He joins Barnes & Noble from The Interpublic Group of Companies, a global provider of advertising and marketing services, where he served as VP assistant treasurer, international. Donohue graduated from Loyola College and received his MBA from the University of Notre Dame.
As VP corporate development, Malhotra will be responsible for developing strategic priorities for growth and profitability. He comes to Barnes & Noble from Kaplan Test Prep, a part of The Washington Post Company, where he was VP and finance head for the graduate programs business U=unit. His prior experience includes Cendant Corp., where he was VP corporate development, and later SVP, CFO of the Cendant Marketing Group’s international division, where he served the same role after its divestiture to Apollo Management. His early career was in Lehman Brothers’ Mergers and Acquisition Group. Malhotra has an MBA in Finance and BA in Economics, both from New York University.
Milevoj, who has been promoted to VP investor relations, will continue to manage the company’s relationships with shareholders and analysts. He joined Barnes & Noble’s finance department in August 1998, and over the years has held roles of increasing responsibility including, most recently, director investor relations. In his tenure with the company, Milevoj has been involved in numerous financial transactions, including Barnes & Noble’s $486 million initial public offering of Barnes & Noble.com, the company’s $209 million acquisition and subsequent spin-off of GameStop, the issuance and early redemption of the company’s $300 million convertible notes offering, the $514 million acquisition of Barnes & Noble College Booksellers and a strategic alternatives process that culminated in a $204 million investment in Barnes & Noble by Liberty Media. He graduated with a Bachelor’s degree in Finance from St. John’s University.