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Pedestrians pass in front of a Barnes in addition to also Noble Inc. store in fresh York, Nov. 24, 2013.
Barnes & Noble said Tuesday of which of which has fired CEO Demos Parneros for violating company policies.
The company did not specify exactly which policies were violated. of which did say, however, of which Parneros’ termination “will be 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 in addition to also will be no longer a director on its board, the company said in its statement. Barnes & Noble said of which fired Parneros under the advice of its law firm Paul, Weiss, Rifkind, Wharton & Garrison.
Barnes & Noble said of which will begin its search for a fresh CEO in addition to also of which of which has tapped a group of leaders to run the company inside the interim. of which group includes chief financial officer Allen Lindstrom, chief merchandising officer Tim Mantel in addition to also vice president of stores Carl Hauch.