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July 03, 2018

Barnes & Noble terminates CEO Demos Parneros

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Barnes & Noble terminates CEO Demos Parneros
© Reuters. The logo for Barnes and Noble is displayed on a screen on the floor of the NYSE in New York

Barnes & Noble Inc (N:BKS) on Tuesday said it terminated Chief Executive Officer Demos Parneros, citing violations of the retail bookseller's policies.

The company said the action was taken by its board, but did not provide further details.

"Parneros' termination is not due to any disagreement with the company regarding its financial reporting, policies or practices or any potential fraud relating thereto," the company said in a statement.

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