Barnes & Noble Inc. named former cable television executiveMichael Huseby chief financial officer as the largest U.S.bookstore chain shifts toward becoming more of a technologycompany.

Huseby, formerly CFO at Cablevision Systems Corp., will overseeBarnes & Noble's capital structure and help boost its digitalbusiness, the New York-based company said today in a statement.Huseby replaces Joseph Lombardi, who resigned in October. AllenLindstrom had been CFO on an interim basis.

While Barnes & Noble operates about 700 retail locations andmore than 600 college bookstores, its future growth lies inelectronic books. The company started its digital business in 2009by selling e-books and releasing the Nook e-reader. The companyprojects the Nook business to generate $1.5 billion in sales in thefiscal year ending April 30, accounting for about 20 percent of itstotal revenue.

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