From the article: “Mr. Daunt proved his book-selling bona fides as the founder of Daunt Books in London and, more recently, as the executive who rescued Waterstones, Britain’s largest bookstore chain. The hedge fund Elliott Advisors took a majority stake in Waterstones in 2018; the next year it bought Barnes & Noble for $683 million and installed Mr. Daunt, a Cambridge-educated Brit, as its leader. (He is still the managing director of Waterstones; the two chains operate separately.)”