Barnes & Noble CEO Riggio Replaced by Lynch (3/18/10)

Authorlink News--Steve Riggio has stepped down as CEO of Barnes & Noble to become the company’s Vice Chairman, according to a report today by TechCrunch.com. William Lynch, an expert in e-commerce and former president of the company's website, BN.com, will succeed him.

The company also announced the promotion of COO Mitchell Klipper to chief executive of the company’s retail group, which includes the Barnes & Noble retail business and the Barnes & Noble College Booksellers business.

William Lynch joined Barnes & Noble in February 2009 as President of Barnes & Noble.com and has been responsible for the company’s core online business since then. Lynch launched the company’s digital commerce platform as well as the nook, Barnes & Nobles’ eBook Reader.

Formerly, Lynch was Executive Vice President of Marketing and General Manager of HSN.com. From 2004 to 2008, he was CEO of IAC subsidiary Gifts.com, which he co-founded.

From 2000 to 2004, he was VP and General Manager, E-Commerce, for Palm., where he oversaw all of the company’s Web properties, including Palm.com, the Palm Online Store, the Palm Software Connection and the Palm.Net wireless ISP.