Vanzura resigns from Borders

ANN ARBOR, Mich. Borders Group today announced that Cedric Vanzura, evp of emerging business and technology, chief strategy officer, has resigned as an executive officer of the company effective immediately, and his position is being eliminated. Vanzura will transition his functional duties over the next couple of months and will leave the company in September after the arrival of Borders Group’s new cio, Susan Harwood.

“Rick has been an integral part of our management team and has made many important contributions to the company, including a key role in development of our strategic plan for the future, the launching of our e-business and the development of Paperchase,” said Borders Group ceo George Jones Jones.  “Now that the strategic plan is set and its initiatives are being executed within the individual business units, Rick and I agree that this is a logical time for him to transition away from his strategic duties. His technology responsibilities will be assumed by our new cio when she joins the company in September. I want to thank Rick for many dedicated years of service and commitment to the company.”