Borders Group Appoints New CEO from Outside Bookseller Industry. George L. Jones Will Not Copycat Chief Rival Barnes & Noble to Gain Market Share. What Is It Going to Take to Drive Customers Past B&N and into Borders?
Monday, July 24th, 2006The hiring of George L. Jones amazes me. What a smart move to bring in someone with such an action-packed, diverse background. Unless he’s been blowing his entire paycheck on clothes at Saks Fifth Avenue every Saturday, I know he didn’t take the job just for the money. (According to Salary.com, his total package last year alone from Saks Department Store Group was, gasp, $2,286,695!) So he’s accepted the challenge of trying to turn Borders Group around. Is it possible he is not afraid of new ideas that involve the pain of doing things d.i.f.f.e.r.e.n.t.l.y? I’m thinking he might just be riding into Borders and Walden Books on a white horse, six-guns holstered right now, but capable of making a lot of people “start dancin’.”
He’s from Arkansas, which for a girl from Connecticut, is impossible to find on the map (yet another state somewhere on the other side of the Delaware), but he has made his friends and enemies as President of Worldwide Licensing and Retail for Warner Bros. and by overseeing Warner Bros. Worldwide Publishing, Kids WB Music, Warner Bros. Interactive Entertainment, WB Sports and Warner Bros. Studio Stores. He was also Executive VP-Store Operations and Sr. VP-Merchandising at Target.

