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Borders' CEO Moves On
January 26, 2010
Just a week after posting disappointing holiday sales, Borders Group says CEO Ron Marshall will leave the company, effective immediately, and that he has accepted a CEO post at another publicly held
retailer.
Michael J. Edwards, currently EVP/chief merchandising officer, will replace him as interim CEO while the Ann Arbor, Mich.-based company conducts a search for a permanent
replacement.--Sarah Mahoney