Barnes & Noble, Inc. (NYSE: BKS), the nation’s largest retail bookseller, today announced the appointment of two new independent directors to its board, ahead of the Company’s previously announced separation of its Retail and College businesses.
The new board members are Ann-Marie Campbell, President, Southern Division, The Home Depot, and Paul B. Guenther, former President of PaineWebber Group, Inc., the parent company of Paine Webber, Incorporated.
Ms. Campbell’s career at The Home Depot spans 30 plus years, where she rose from Associate to District Manager, prior to assuming VP and President roles for multiple store operations, merchandising, sales and marketing. She is a graduate of Georgia State University, Atlanta, with a Bachelor of Arts in Philosophy and a Master of Business Administration. Ms. Campbell currently serves on the board of Potbelly Corporation, and on the Catalyst, Inc. Board of Advisors.
Mr. Guenther is a Director of Guardian Life Insurance and Chairman of Community & Southern Holdings, based in Atlanta. He served as a Director and as President of PaineWebber Group, Inc. and has served as President of PaineWebber, Incorporated, where he was also Chief Administrative Officer responsible for administrative services, operations and systems. Mr. Guenther served for 13 years as Chairman of the New York Philharmonic and of Fordham University, where he is still a board member, and is the former Director of the Securities Industry Association and a former President and Director of Columbia’s Graduate School of Business alumni association. Mr. Guenther earned a Bachelor’s degree in Economics from Fordham University and an MBA in Finance from the Columbia Graduate School of Business.
In connection with the planned separation of Barnes & Noble Education, Inc. (“BNED”), it is anticipated that one or more current members of the board will resign and join the board of directors of BNED. Additional details will be disclosed in the future.
About Barnes & Noble, Inc.
Barnes & Noble, Inc. (NYSE: BKS) is a Fortune 500 company and the leading retailer of content, digital media and educational products. The Company operates 649 Barnes & Noble bookstores in 50 states, and one of the Web’s largest e-commerce sites, BN.com (www.bn.com). Its NOOK digital business offers award-winning NOOK® products and an expansive collection of digital reading and entertainment content through the NOOK Store® (www.nook.com), while Barnes & Noble College Booksellers, LLC operates 717 bookstores serving over five million students and faculty members at colleges and universities across the United States.
General information on Barnes & Noble, Inc. can be obtained by visiting the Company’s corporate website: www.barnesandnobleinc.com.
Barnes & Noble®, Barnes & Noble Booksellers® and Barnes & Noble.com® are trademarks of Barnes & Noble, Inc. or its affiliates.
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