Barnes & Noble Taps Sears Canada Head to Become CEO After Split

Boire has been named CEO of Barnes & Noble’s Retail business, effective September 8, 2015.

Sears Canada is looking for another new CEO as Ronald Boire has left the company to head up Barnes & Noble later this summer.

Boire, ex- chief merchandising officer and president of the Sears and Kmart stores in the United States, was named interim CEO of Sears Canada last October after Douglas Campell announced in September that he would leave for personal reasons.

Before leading Sears Canada, Boire held positions at Brookstone Inc., Toys “R” Us Inc., Best Buy Co. and Sony Electronics Inc.

The company’s spinoff will be called Barnes & Noble Education.

Huseby, a ex- Cablevision Systems Corp. executive, took over as CEO in January 2014.

A Barnes and Noble Inc. store stands in New York, U.S., on Sunday, November 24, 2013. The shares gained 11% this year through Wednesday, compared with a 0.9% increase for the Standard & Poor’s 500 Index. As previously announced, the company plans to separate its College and Retail businesses into two public companies.

Huseby, who joined Barnes & Noble in 2012, will remain the company’s chief executive until the split-up, expected by the end of August. However, “he always was very clear he thought college had the growth prospects and that’s where he wants to go”.