Chairman leonard riggio reassured barnes and noble employees that he was working to save the organization when he announced that he was thinking about gathering investors to buy the company's bricks-and-mortar stores, taking it private.

chairman Leonard Riggio takes the reins and assures employees of Barnes and Noble that he is going to do what he can to save the company. He tells them his idea that he should gather together private investors who can buy the company's brick and mortar stores which would make it become private. This is a great example of a leader.