In a filing with the SEC today, Borders announced several management changes, including the termination of company president Mike Edwards and executive v-p and CFO Scott Henry late last week.
Holly Felder Etlin, a managing director of AlixPartners, who has served as senior v-p of restructuring since February, was named president as of July 29. Glen Tomaszewski, who has been with Borders since 1998, most recently as v-p, chief accounting officer and controller, was appointed treasurer.
The company also announced that it has repaid in full its outstanding obligations under its Debtor-in-Possession Credit Agreement, as it told the court it planned to do once the liquidation sales began.
