Thread: B&N Fires CEO
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Old 07-03-2018, 06:21 PM   #1
fjtorres
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B&N Fires CEO
B&N business as usual.

Not much detail at CNBC or elsewhere:

https://www.cnbc.com/2018/07/03/barn...-parneros.html

Quote:
Barnes & Noble said Tuesday that it has fired CEO Demos Parneros for violating company policies.

The company did not specify exactly which policies were violated. It did say, however, that Parneros' termination "is not due to any disagreement with the Company regarding its financial reporting, policies or practices or any potential fraud relating thereto."

Parneros will not receive any severance and is no longer a director on its board, the company said in its statement.
No golden parachute for this one.
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