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Check Out Line: The latest bookseller boss shakeup

March 18, 2010

EARNINGS/Check out the new guy in charge at Barnes & Noble.

On Thursday, Barnes & Noble named William Lynch, the (young) father of its Nook e-reader, as its new chief executive.  Outgoing CEO Stephen Riggio — the chairman and founder’s brother — is sticking around as a vice chairman.

Barnes & Noble appears to be betting that the Nook will be a prime source of future growth.  Lynch, 39, called e-books “key to our future” during a morning conference call.

Lynch’s appointment comes less than two months after smaller rival Borders saw its CEO leave after a year.

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(Reuters photo)

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