Barnes & Noble ceo William Lynch executed a revised employment agreement on Thursday three years after becoming chief executive that awards him a $1.8 million bonus “in respect of your efforts related to the successful completion of the transactions related to” the Microsoft and Pearson investments in Nook Media. The revised contract also provides Lynch with 300,000 restricted stock units in May (which vest over time thereafter). Also, as some have inferred might be the case should BN spinoff Nook Media (or should Len Riggio’s efforts to buy the retail division be successful), the company has the right–and likely the intention–of […]
