Barnes & Noble to Pay Former CEO $4.8 Million

By Taylor Knight

Former Barnes & Noble CEO Ron Boire will be getting $4,825,600 from the bookstore chain to settle all issues related to his dismissal in August after just a year on the job. In exchange for the payment, Boire agreed to forfeit all stock awards. That included 368,098 shares he was granted last September when he became CEO; 143,540 restricted stock units; and another 143,540 performance-based shares.

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Taylor Knight Author's page Taylor Knight is an associate content editor for Target Marketing and Total Retail. She enjoys writing and creating video content to interact with an audience.