Nebraska Book Company Announces New President and CEO

Nebraska Book Holdings, Inc. (NBC or the company)* (OTC Pink: NEEB) announced today that Jay Amond, currently NBC Chief Financial Officer and a member of the Board of Directors, has been appointed President and CEO succeeding Rick Bunka.

Mr. Amond is a seasoned executive with over 30 years of leadership experience in strategic management, accounting and finance. Amond brings significant industry experience, in addition to his time with NBC, Amond spent nine years as Senior Vice President & Chief Financial Officer with Follett Higher Education Group, Inc. Prior to his time with Follett, Amond held executive positions with Ross Stores, Inc., Ultimo Enterprises, Inc., Hot Topic, Inc., and various positions within Federated Department Stores. His specialties include strategic planning, capital structuring, business development, process improvement and talent optimization.

"Rick Bunka did an extraordinary job leading Nebraska Book Company, and built an excellent management team," said Mr. Amond. "He told the Board that he was leaving the organization in good hands, but I know that the Board still reluctantly accepted his resignation and will miss his expertise and counsel."

For the past two years, as CEO and CFO Bunka and Amond worked hand-in-hand to strengthen the company strategically, financially, and operationally. In addition to many positive changes to the balance sheet, they were responsible for the recently announced pending merger of NBC Technology Services and RATEX Business Solutions to form PrismRBS. These moves have positioned Nebraska Book Company for success under the direction of Mr. Amond.

"With Rick's stewardship we made great progress in creating the new Nebraska Book Company and have an excellent strategic plan for moving our organization forward," said Mr. Amond. "I fully intend to build on the foundation that he and our entire team created and that our great customers deserve."

About Nebraska Book Company, Inc.

Nebraska Book Company, Inc., a wholly-owned subsidiary of Nebraska Book Holdings Inc., began in 1915 as an independent college bookstore and is now a leading source of software, textbooks, rental program options, and digital content delivery to over 2,000 independent college retailers nationwide. With its strategic business services and technology offerings, including localized e-commerce capabilities, back-end system access and support as well as textbook solutions, Nebraska Book Company is devoted to supporting and strengthening independent higher education retailers across the United States, Canada and the Caribbean. For more information about Nebraska Book Company, visit www.nebook.com.

SOURCE: BUSINESS WIRE. ©2017 Business Wire

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