Content about Leonard Riggio

April 17, 2014

Barnes & Noble chairman Leonard Riggio has sold a portion of his holdings of company stock.

Barnes & Noble chairman Leonard Riggio has sold a portion of his holdings of company stock.

Riggio said he sold 3.7 million shares of common stock, after which his holdings are expected to represent approximately 20% of Barnes & Noble’s common stock outstanding.

“After this sale I remain the company’s largest shareholder, a position I feel very good about,” said Riggio. “I love this company and I believe in its future as I do in all of the wonderful people who work here.”

April 17, 2014

Barnes & Noble chairman Leonard Riggio has sold a portion of his holdings of company stock.

Barnes & Noble chairman Leonard Riggio has sold a portion of his holdings of company stock.

Riggio said he sold 3.7 million shares of common stock, after which his holdings are expected to represent approximately 20% of Barnes & Noble’s common stock outstanding.

“After this sale I remain the company’s largest shareholder, a position I feel very good about,” said Riggio. “I love this company and I believe in its future as I do in all of the wonderful people who work here.”

April 4, 2014

Barnes & Noble named Tulane University president Scott Cowen to its board a after a major shareholder disclosed it was dumping 90% of its stake in the company and relinquishing a seat on the board of directors.

Barnes & Noble named Tulane University president Scott Cowen to its board a after a major shareholder disclosed it was dumping 90% of its stake in the company and relinquishing a seat on the board of directors.

Cowen serves as president of Tulane University in New Orleans and also holds the titles of Seymour S. Goodman Memorial Professor of Business in Tulane’s A.B. Freeman School of Business and Professor of Economics in the School of Liberal Arts.

April 4, 2014

Barnes & Noble named Tulane University president Scott Cowen to its board a after a major shareholder disclosed it was dumping 90% of its stake in the company and relinquishing a seat on the board of directors.

Barnes & Noble named Tulane University president Scott Cowen to its board a after a major shareholder disclosed it was dumping 90% of its stake in the company and relinquishing a seat on the board of directors.

Cowen serves as president of Tulane University in New Orleans and also holds the titles of Seymour S. Goodman Memorial Professor of Business in Tulane’s A.B. Freeman School of Business and Professor of Economics in the School of Liberal Arts.

January 8, 2014

Michael Huseby was named CEO at Barnes and Noble after previously serving briefly as the retailer’s CFO and then president.

Michael Huseby was named CEO at Barnes and Noble after previously serving briefly as the retailer’s CFO and then president.

Huseby will also serve on the company’s board and oversee the 673 store retail group led by CEO Mitchell Klipper and the 695 store college group led by CEO Max Roberts. Huseby joined Barnes & Noble in March 2012 as CFO and was named president in July 2013.

January 8, 2014

Michael Huseby was named CEO at Barnes and Noble after previously serving briefly as the retailer’s CFO and then president.

Michael Huseby was named CEO at Barnes and Noble after previously serving briefly as the retailer’s CFO and then president.

Huseby will also serve on the company’s board and oversee the 673 store retail group led by CEO Mitchell Klipper and the 695 store college group led by CEO Max Roberts. Huseby joined Barnes & Noble in March 2012 as CFO and was named president in July 2013.

August 27, 2013

Mitchell Klipper, CEO of Barnes & Noble’s retail group., has sold off two-thirds of his stock holdings in Barnes & Noble between Aug. 22 and Aug. 26, according to reports.

NEW YORK — Mitchell Klipper, CEO of Barnes & Noble’s retail group., has sold off two-thirds of his stock holdings in Barnes & Noble between Aug. 22 and Aug. 26, according to reports. 

An SEC filing indicates that Klipper sold 400,000 of roughly 600,000 shares he held in the company, grossing more than $5.5 million.

August 20, 2013

Barnes & Noble’s founder, chairman and largest shareholder, Leonard Riggio, is calling off his offer to buy the company’s retail business, following a worse-than-expected net loss of $87 million for the first quarter, compared to a loss of $39.8 million in the year-ago period.

Barnes & Noble’s founder, chairman and largest shareholder, Leonard Riggio, is calling off his offer to buy the company’s retail business, following a worse-than-expected net loss of $87 million for the first quarter, compared to a loss of $39.8 million in the year-ago period. 

August 20, 2013

Barnes & Noble’s founder, chairman and largest shareholder, Leonard Riggio, is calling off his offer to buy the company’s retail business, following a worse-than-expected net loss of $87 million for the first quarter, compared to a loss of $39.8 million in the year-ago period.

Barnes & Noble’s founder, chairman and largest shareholder, Leonard Riggio, is calling off his offer to buy the company’s retail business, following a worse-than-expected net loss of $87 million for the first quarter, compared to a loss of $39.8 million in the year-ago period. 

July 8, 2013

Barnes & Noble CEO and director William Lynch has resigned, effective immediately, and the company has restructured its leadership team as a result.

NEW YORK — Barnes & Noble CEO and director William Lynch has resigned, effective immediately, and the company has restructured its leadership team as a result. 

July 8, 2013

Barnes & Noble CEO and director William Lynch has resigned, effective immediately, and the company has restructured its leadership team as a result.

NEW YORK — Barnes & Noble CEO and director William Lynch has resigned, effective immediately, and the company has restructured its leadership team as a result. 

March 1, 2013

Barnes & Noble reported on Thursday a loss in the fiscal third quarter, hurt by a 26% decline in revenue for its Nook e-book readers.

NEW YORK — Barnes & Noble reported on Thursday a loss in the fiscal third quarter, hurt by a 26% decline in revenue for its Nook e-book readers.

The company posted a loss of $6.1 million quarter through Jan. 26, compared to a profit of $52 million in the year-ago period. The retailer blamed the loss partially on charges stemming from weaker-than-expected sales of Nook e-readers during the holiday shopping season.

Revenue fell 9% to $2.22 billion. Analysts had predicted sales of $2.4 billion.

February 25, 2013

Barnes & Noble founder and chairman, Leonard Riggio, has notified the company's board of directors of his intentions to purchase the company's retail business.

NEW YORK — Barnes & Noble founder and chairman, Leonard Riggio, has notified the company's board of directors of his intentions to purchase the company's retail business. 

February 25, 2013

Barnes & Noble founder and chairman, Leonard Riggio, has notified the company's board of directors of his intentions to purchase the company's retail business.

NEW YORK — Barnes & Noble founder and chairman, Leonard Riggio, has notified the company's board of directors of his intentions to purchase the company's retail business. 

September 20, 2010

Barnes & Noble announced that Len Riggio, the company’s founder and chairman sent a letter...

August 3, 2010

Barnes & Noble announced that its board of directors intends to evaluate strategic alternatives, including...

August 3, 2010

Barnes & Noble announced that its board of directors intends to evaluate strategic alternatives, including...

October 28, 2009

Barnes & Noble announced that its board of directors has amended the company’s shareholder rights...