LINCOLN, Neb.--(BUSINESS WIRE)--Nebraska Book Company | Neebo (OTC Pink: NEEB), operator of more than 200 college stores nationwide, one of the largest distributors in the wholesale textbook industry and the leading provider of collegiate retail systems supporting more than 2,000 college related stores, announces Steve Clemente will be resigning from his position as president and CEO effective February 20, 2015, to pursue another career opportunity. Clemente will continue working with the company as a member of the board of directors.
“We thank Steve for his outstanding leadership during a time of unprecedented change for our company, and are grateful he will continue to serve on NBC | Neebo's board of directors,” said Peter Reed, Chairman of the Board of Directors for NBC | Neebo.
Ben Riggsby, senior vice president and chief strategy officer, has been appointed interim president and CEO by the company’s board of directors. Riggsby, who has worked closely with Clemente over his past two years with the company, has been integral in driving innovative strategies and solutions to help provide the best possible experience for college students.
“We are pleased to welcome Ben Riggsby as Interim president and CEO,” said Reed. “Ben has been instrumental in developing our key strategic initiatives, and, as a result, NBC | Neebo is well positioned to continue to serve the dynamic higher education marketplace.”
Riggsby joined NBC | Neebo in his current role in 2012 from Steelhead Enterprises where he was co-founder and general manager. Prior to Steelhead, Ben was an executive with Movie Gallery/Hollywood Video, a 4000+ location international media retailer.
“I’ve had the special privilege over the last two years to become intimately familiar with NBC | Neebo’s business model, clients, and our incredible group of team members,” said Riggsby. “I am honored to have the opportunity to lead the NBC | Neebo team as we continue to re-shape the course of collegiate retail.”
About Nebraska Book Company | Neebo
Nebraska Book Company, Inc., was founded 100 years ago with a store near the University of Nebraska-Lincoln campus. The company pioneered used textbook distribution and expanded to campuses across the country and is today a leader in solutions for the college store marketplace, supporting more than 2,000 college-related retail stores. It is now owned by Neebo, Inc., an online retailer and operator of more than 200 college stores across the nation. Neebo provides millions of students, parents, faculty, fans and alumni with the most complete selection of rental, used and new textbooks, as well as college-branded apparel, gear and accessories. Neebo is the complete college outfitter, dedicated to making college—one of life’s best experiences—even better. For more information about NBC | Neebo, visit www.nebook.com. For more information about Neebo, visit http://www.neebo.com.