United States

People: Barnes & Noble Inc (BKS)

BKS on New York Consolidated

27 Apr 2017
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Riggio, Leonard 

Mr. Leonard Riggio is a Chairman of the Board, Founder of Barnes & Noble, Inc. He served as Chief Executive Officer from 1986 through February 2002. He was Chairman of the Board, Chief Executive Officer and the principal stockholder of Barnes & Noble College Booksellers, Inc. (B&N College, a subsidiary of the Company until August 2, 2015), one of the nation’s largest operators of college bookstores, from 1965 and until its acquisition by the Company in September 2009. Since 1985, Mr. Riggio has been a principal beneficial owner of MBS Textbook Exchange, Inc. (“MBS”), one of the nation’s largest wholesalers of college textbooks. He also served as a director of GameStop Corp. (“GameStop”), a national video game retailer from 2001 to 2011. As previously announced, Mr. Riggio intends to retire from his role as Chairman of the Board following the Meeting. If elected to the Board at the Meeting, Mr. Riggio will continue to serve as a director. Mr. Riggio has approximately 45 years of entrepreneurial and executive and board-level experience, resulting from his activities as (at various times) the founder, Chief Executive Officer, chairman of the board and significant stockholder of the Company, B&N College, MBS and GameStop.

Basic Compensation

Total Annual Compensation, USD 100,000
Restricted Stock Awards, USD --
Long-Term Incentive Plans, USD --
All Other, USD 112,597
Fiscal Year Total, USD 212,597

Options Compensation

  Quantity Market Value
Exercisable 990,740 24,610,200.00
Unexercisable 247,685 3,712,850.00
Exercised 990,740 1,882,410.00