B&N Fires CEO - Publishers Weekly

Panzer had hardly started eating his dinner when his food bowl was tipped over by the sounds of shouting. Our brave kitty hopped into the Panzermobile and headed into the Catosphere. Following all the noise took him to the Publishers Weekly site. With no digging at all he found a brand new post about Barnes and Noble.

According to the post by Jim Milliot, Barnes and Noble announced this afternoon the company CEO has been fired. In a release the company said the Barnes and Noble board of directors terminated (fired) CEO Demos Parneros effective immediately. The reason according to the release is CEO Parneros' "violations of the Company's policies." There is no mention of the exact violations except to say they are not financial or fraud violations.

Panzer says, "Hmm ... The violations must have been bad for him to be terminated immediately."

I'm ready for a nap now.

Note: This is a short-medium post. Bring a cup of tea for today's reading selection.

To read the post tootle over to Barnes and Noble