Barnes & Noble.com Chairman Names Marie J. Toulantis Chief Executive Officer.Business Editors NEW YORK--(BUSINESS WIRE)--Feb. 4, 2002 Leonard Riggio, chairman of Barnes & Noble.com (Nasdaq: BNBN) (www.bn.com), announced today the appointment of Marie J. Toulantis to the position of chief executive officer, effective immediately. Ms. Toulantis had been president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Barnes & Noble.com since May 2001, and previously served as the company's chief financial officer. "Marie has done an outstanding job in helping build Barnes & Noble.com into the leading Internet site of any retailer worldwide," said Mr.Riggio. "Marie's extensive financial background, her intimate knowledge of the book business, her creativity in marketing, and her unique ability to motivate and lead people make her the ideal choice for CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Barnes & Noble.com." Ms. Toulantis has played a central role in the growth and success of Barnes & Noble.com. She oversaw o·ver·saw v. Past tense of oversee. the company's successful initial public offering in May 1999, the largest Internet offering at the time, and during the last three years she has been involved in every aspect of the company's online business. She first joined Barnes & Noble Inc. in 1997 as executive vice president of finance and later became chief financial officer. Prior to joining Barnes & Noble, Ms. Toulantis was a senior vice president at Chase Manhattan Bank The Chase Manhattan Bank, now part of JPMorgan Chase, was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. The bank is headquartered in New York City. . About Barnes & Noble.com Barnes & Noble.com is an Internet commerce company offering a comprehensive range of books and related information products, and has the largest audience reach of any brick-and-mortar company with an Internet presence. It stocks the largest in-stock selection of in-print book titles, supplemented by more than 20 million listings from its nationwide network of out-of-print, rare and used book dealers. Its college textbook textbook Informatics A treatise on a particular subject. See Bible. store offers a vast selection of new and used textbooks and its recently introduced eBookStore has established the company as a leader in the delivery of digital content and intellectual property. The company's product ranges now include a full complement of information products, including music, DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. and video. The company's focus on information products is manifest in its recently launched Barnes & Noble University, a distance-learning forum offering free classes. Ranging from "Introduction to Programming" to "Introduction to XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. " to "The Night Sky: An Introduction to Astronomy astronomy, branch of science that studies the motions and natures of celestial bodies, such as planets, stars, and galaxies; more generally, the study of matter and energy in the universe at large. " to "Walking through Shakespeare," Barnes & Noble University has quickly established itself as a leading Internet hub for learning and community. |
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