Four directors step down from Indigo board, Reisman also leaving in August

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The retailer says founder Heather Reisman will retire as executive chair and from the board effective Aug. 22

Nearly half the board of Indigo Books and Music Inc. is stepping down — including founder and executive chair Heather Reisman — in a stunning announcement that saw one director allege poor leadership and treatment.

More immediate is the resignation of four other directors, including Dr. Chika Stacy Oriuwa. Appointed to the board in 2020, Oriuwa stepped down "because of her loss of confidence in board leadership and because of mistreatment," Indigo said in a release Wednesday.

 

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