Barnes Noble founder and chairman Riggio to retire

NEW YORK, N.Y. – Barnes & Noble’s founder and chairman Leonard Riggio will retire following the book seller’s annual shareholders meeting, which is planned for September.Riggio began Barnes & Noble from the ground up, starting with a single college bookstore in 1965. He also founded Barnes & Noble College Bookstores, a contract operator of bookstores on college and university campuses, and videogame retailer GameStop.The company announced Wednesday that director Paul Guenther will serve as non-executive chairman. Guenther has served as a Barnes & Noble Inc. board member since last year and is chair of the audit committee.Riggio intends to stay on the company’s board and said in a written statement that he plans to remain a Barnes & Noble shareholder “for years to come.” Barnes & Noble founder and chairman Riggio to retire by The Associated Press Posted Apr 27, 2016 6:37 am MDT Last Updated Apr 27, 2016 at 7:20 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email read more

Read More →