More Borders woes: Two execs resign
NEW YORK - On the heels of Monday’s announcement that Borders Group is delaying payments to some of its vendors, the bookseller said Tuesday that two senior-level executives have departed.
Thomas Carney, general counsel, and D. Scott Laverty, chief information officer, both resigned from their posts Monday evening.
The news was disclosed in a Securities and Exchange Commission filing Monday. Borders told the Wall Street Journal that the departures were part of its previously disclosed efforts to improve liquidity.