Sears Canada CEO to join Barnes & Noble, plus 2 more exec shifts

The president and CEO of Sears Canada, Ronald Boire, will be leaving the company to join Barnes & Noble as CEO of the retail business, effective September 8, 2015.

Boire spent less than a year as Sears Canada's president and CEO, and previously served as exec-VP, chief merchandising officer and president at Sears and Kmart, both businesses of Sears Holding. Boire's predecessor, Douglas Campbell, similarly only spent one year as CEO of Sears Canada.

Prior to his time with Sears Holdings, Boire was president and CEO of Brookstone where he improved operations, product development and marketing, which led to the company's turnaround at that time. He was also president of Toys R Us in North America from 2006 to 2009.

Much of Boire's experience has been in consumer electronics. He was Best Buy's exec-VP, global merchandise manager, which included managing the company's $30 billion U.S. Business Teams, global technology and vendor management, global sourcing and private label development.

Boire also had a 17-year stint at Sony, including roles such as president of Sony's personal mobile products company and president of the consumer sales company.

"I believe Ron's extensive experience throughout all facets of the retail industry, combined with his leadership ability and proven track record, make him an ideal Chief Executive for Barnes & Noble," said Leonard Riggio, chairman of Barnes & Noble.

Barnes & Noble also announced that Michael Huseby, current CEO, will become executive chairman of Barnes & Noble Education once the company's planned separation of college and retail becomes effective. The education company will have a separate board of directors.

"Mike Huseby has done a superb job since he joined the Company in 2012. Under his leadership we have improved the performance of all of our business segments and he has helped put the Company in a position to separate the College and Retail businesses. Mike will now bring his financial and strategic leadership to the separate Barnes & Noble Education company," Riggio said.

Huseby has been with Barnes & Noble since 2012 and previously served as CFO, president and CEO of Nook Digital, LLC. He has prior experience in media communications as exec-VP and CFO of Cablevision Systems and exec-VP and CFO at Charter Communications.

Lastly, Barnes & Noble promoted Jaime Carey from chief merchandising officer to COO, effective immediately. Carey has been with the company since 2003, starting as director of Newsstand and later promoted to VP.

Carey increased magazine sales at Barnes & Noble and aided the company in becoming one of the top magazine retailers in the U.S. He has been CMO since 2008, with buying responsibilities for all departments including book, music, toys and games, DVD, magazine and gift. Press Release

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