Barnes & Noble CEO Demos Parneros fired, without severance
Published: July 3, 2018 6:14 p.m. ET
https://www.marketwatch.com/story/barnes-noble-ceo-demos-parneros-fired-without-severance-2018-07-03
Pic related is Demos Parneros
CEO of LaCroix maker sued for unwanted touching
http://money.cnn.com/2018/07/03/news/companies/national-beverage-lawsuit-caporella/index.html?iid=EL
EWWW he's 82 years old auuugggghhh
"The CEO of the company behind LaCroix sparkling water has been sued by two former pilots who say the company's top executive subjected them to unwanted sexual touching on multiple occasions.
The two male pilots filed separate lawsuits in Florida against Nicholas Caporella, the 82-year-old CEO of Corporate Management Advisors Inc. Caporella's company operates National Beverage Corp., which makes LaCroix. "
According to Forbes, Caporella’s net worth is $4.2 billion, bolstered by the recent success of the LaCroix brand, which he acquired in 1996.
https://www.fastcompany.com/90180211/barnes-noble-abruptly-fires-ceo-demos-parneros-with-no-severance
After little over a year on the job, Demos Parneros was terminated today as CEO of Barnes & Noble. The long-embattled bookseller cited unspecified “policy violations” but noted that Parneros’s firing wasn’t related to financial irregularities or fraud, according to the Wall Street Journal. Parneros won’t receive severance pay and has been booted from his board seat as well.
Sales have been down recently at the bookseller, whose fortunes haven’t exactly looked sunny for many years. Parneros was appointed in April 2017 to lead a turnaround of the company, geared around toys, games, and gifts—but not necessarily books. On an earnings call last month, as Bloomberg reported, Parneros reminded investors that “Turnaround plans take time. And while our performance has been somewhat disappointing, we began to make steady progress in fiscal 2018.”
While the company’s stock has suffered lately, compounded by the Supreme Court’s recent ruling allowing states to collect sales tax on e-commerce transactions, it sounds like Parneros got canned for other reasons. We’ll update this post should further information emerge on which “policy violations” led to the exec’s ouster.
Speechless at this :( Heartbreaking. Personally don't agree with anyone playing around with nature just because they have the ability and a laboratory.
University Hospitals fertility clinic in Cleveland, Ohio says it is NOT responsible for losing 4,000 eggs in storage tank failure - and claims families should have known the risk after signing consent forms.
http://www.dailymail.co.uk/health/article-5918143/Scandal-struck-fertility-clinic-says-NOT-responsible-losing-4-000-eggs.html