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Barnes & Noble Hires Michael P. Huseby As CEO

Barnes & Noble has appointed Michael P. Huseby as CEO, effective Jan. 8, 2014.

In his new position, Huseby will be responsible for all company units, which include Barnes & Noble Retail, Barnes & Noble College and NOOK Media. He will serve, and report to, the company’s Board of Directors.

Huseby noted that his primary goal in his new position is to “enhance and unlock the value of these businesses for our shareholders. We are well-positioned in today’s dynamic reading and learning markets and confident in our ability to provide our customers with the best content offerings, digital media and educational products available in today’s marketplace.”

Since initially joining Barnes & Noble in 2012, Huseby has quickly accelerated up the company ranks, first serving as CFO. In July 2013, he was promoted to President.

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“Since the day he joined the company, Mike has proven to be an excellent financial and business executive, whose leadership skills have earned the respect of the entire organization, as well as our Board of Directors,” said Leonard Riggio, Chairman of Barnes & Noble, Inc. “Although a relative newcomer to the retail book business, he has quickly developed a comprehensive understanding of the unique opportunities and challenges the Company faces, and he has a vision for the future in which I am in complete accord. Mike also has a passion for bookselling, which makes him a perfect fit for this job.”

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