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The Latest On Borders, As More Executives Leave

January 5, 2011
By Michael Cader

Per our report yesterday that additional executives were leaving Borders beyond the two names disclosed in Monday’s SEC filing, the WSJ reports that the recent high-level job reductions also include svp for business development Larry Norton, svp for marketing Bill Dandy, and vp of real estate Tony Grant. Separately, anonymous Borders employees say via an online message board that three of five regional vice presidents were also let go. They report that in a conference call among general managers, employees were told the store network has been rezoned into just two regions. The NYT adds that publishers indicate Borders executives […]

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Filed Under: Bookstores, Finance

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