BNED - Barnes & Noble Education, Inc.

NYSE - NYSE Delayed Price. Currency in USD

Barnes & Noble Education, Inc.

120 Mountain View Boulevard
Basking Ridge, NJ 07920
United States
908-991-2665
http://www.bned.com

SectorConsumer Cyclical
IndustrySpecialty Retail
Full Time Employees3,700

Key Executives

NameTitlePayExercisedYear Born
Mr. Michael P. HusebyChairman & CEO2.64MN/A1955
Mr. Thomas D. DonohueExec. VP & CFO687.85kN/A1970
Mr. Barry BroverExec. VP of Operations1.06MN/A1961
Mr. Michael Connolly MillerExec. VP of Corp. Strategy, Gen. Counsel & Sec.985.63kN/A1973
Mr. Kanuj MalhotraExec. VP of Corp. Devel. & Pres of Digital Student Solutions898.87kN/A1967
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Barnes & Noble Education, Inc. operates bookstores for college and university campuses, and K-12 institutions in the United States. It operates in three segments: Retail, Wholesale, and Digital Student Solutions (DSS). The Retail segment sells and rents course materials and supplies, including physical and digital products, as well as a suite of digital content; an operates True Spirit e-commerce Websites. It also provides First Day inclusive access program; BNC OER+, a turnkey solution for colleges and universities; and e-textbooks, collegiate and athletic apparel, other custom-branded school spirit products, lifestyle products, technology products, supplies, and convenience items. In addition, this segment also operates 88 customized cafés and 13 stand-alone convenience stores; and a media channel for brands targeting the college demographic. As of April 27, 2019, this segment operated 772 physical bookstores; and 676 virtual bookstores. The Wholesale segment engages in the wholesale, sourcing, and distribution of new and used textbooks; and sale of hardware and a software suite of applications that provide inventory management and point-of-sale solutions to approximately 400 college bookstores. The DSS segment offers direct-to-student products and services to assist students to study effectively and enhance academic performance. It provides subscription-based writing services; and bartleby, a direct-to-student subscription-based offering, including textbook solutions, expert questions and answers, tutoring, and test prep services. Barnes & Noble Education, Inc. was founded in 1873 and is headquartered in Basking Ridge, New Jersey.

Corporate Governance

Barnes & Noble Education, Inc.’s ISS Governance QualityScore as of July 29, 2019 is 2. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 4; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.