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You can find the current article at its original source at http://www.guardian.co.uk/business/2013/jul/08/barnes-noble-william-lynch-resigns
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| Version 0 | Version 1 |
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| Barnes and Noble CEO William Lynch resigns | |
| (about 11 hours later) | |
| Barnes & Noble Inc says William Lynch is resigning as chief executive after three years on the job. | Barnes & Noble Inc says William Lynch is resigning as chief executive after three years on the job. |
| The book retailer is naming Michael Huseby as president of the company and chief executive of its Nook Media unit. | The book retailer is naming Michael Huseby as president of the company and chief executive of its Nook Media unit. |
| The New York company also says that it has promoted controller Allen Lindstrom to the post of chief financial officer. | The New York company also says that it has promoted controller Allen Lindstrom to the post of chief financial officer. |
| The moves comes just weeks after Barnes & Noble reported that sales plummeted at its bookstores in the latest quarter and its Nook ebook devices failed to keep up with competitors. That pushed the company to a net loss that more than doubled from a year ago. | The moves comes just weeks after Barnes & Noble reported that sales plummeted at its bookstores in the latest quarter and its Nook ebook devices failed to keep up with competitors. That pushed the company to a net loss that more than doubled from a year ago. |
| Shares of Barnes & Noble slid 3.6% in after-hours trading. | Shares of Barnes & Noble slid 3.6% in after-hours trading. |