Barnes & Noble’s chief financial officer Joseph Lombardi has resigned his position, and corporate controller Allen Lindstrom will act as interim CFO while the company conducts an executive search. Lombardi will stay on as a non-officer employee until the middle of next year “to assist in the transition.” CEO William Lynch says in the announcement, “We’ve built great bench strength and continuity in our finance department over the years, and everyone from the management team to the board of directors has the utmost confidence in Allen as he assumes the interim CFO position. We thank Joe for his service to the company and appreciate his assistance in the transition.” Lombardi has been at BN for nine years. A copy of the signed transitional employee agreement filed with the SEC indicates the transition was negotiated a number of weeks ago.
