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Baker & Taylor Restructures Books Merchandise Buying Area
Baker & Taylor, Inc.( 07/11/2008 )

CHARLOTTE, North Carolina - July 11, 2008 - Baker & Taylor, the world's largest book and entertainment distributor, announces a restructuring of the Books Merchandise Buying area. The changes involve a paradigm shift to Category Buying to allow Baker & Taylor to better serve its customers and respond to market changes.

As part of the restructuring, Baker & Taylor is implementing a Merchandise Buying Function and a Merchandise Planning and Allocation Function. This new structure further defines and builds accountability for each critical aspect of Baker & Taylor's merchandising relationship with vendors.

"The Merchandise Buyer function focuses on leveraging category expertise as a sales advantage in the retail and library markets," states David Cully, Executive Vice President of Merchandising and President, Retail Markets. "Likewise, the Merchandise Planner function focuses on data mining and statistical modeling to improve forecasting and reduce friction in the supply chain. This will be of great benefit to both our customers and our suppliers."

Named as the Divisional Merchandising Directors (DMD), reporting to Jean Srnecz, SVP Merchandising are: Allen Johnson: Basics (nonfiction), Sally Neher: Fashion (key new releases and Speedstock), Rick Shalayda: Children's and Small Press, Barbara Witt: Academic/Scientific Technical Medical (STM).

Named as Directors of Merchandise Planning and Allocation (DMP/A), also reporting to Jean Srnecz are: Greg Kroeger, Thomas Manning, Eric McGarvey, Allen Johnson (dual role with DMD).

About Baker & Taylor, Inc.
Baker & Taylor, Inc. (www.btol.com) is a global information and entertainment services company that offers books, videos, music, games and services to libraries, educational institutions, and retailers. Based in Charlotte, N.C., the company has been in existence for over 180 years, developing long-term relationships with major suppliers, including book publishers, movie studios, and music labels. Baker & Taylor maintains the largest combined in-stock book, video and music inventories in the United States, and services the broadest customer base in the industry. Baker & Taylor is majority owned by Castle Harlan Partners IV, L.P., a leading private equity investment firm.

About Castle Harlan
Castle Harlan, a leading private equity investment firm founded in 1987, acquired Baker & Taylor in July 2006. It invests in controlling interests in the buyout and development of middle-market companies in North America, Europe, and, together with CHAMP Private Equity, Australasia. Since inception, Castle Harlan has invested in 49 companies representing more than $9 billion in enterprise value. Castle Harlan's current portfolio companies, which employ more than 42,000 people, include AmeriCast Technologies, a leading designer and manufacturer or large, complex steel castings used in minim trucks, locomotives and energy equipment; Ames True Temper, a leading manufacturer of lawn and garden tools and accessories, and Anchor Drilling Fluids USA, Inc., the nation's largest independent provider of drilling fluids and fluid-handling services for onshore oil and gas drilling.

Media Contact:
Jenny Johnson
Baker & Taylor, Inc.
(704) 998-3190
johnsoj@btol.com
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