Two top executives have announced their resignations from the cash-strapped Borders Group in the last two days. Thomas Carney, executive vice president, secretary and general counsel, resigned on Jan. 2. The following day, D. Scott Laverty, senior vice president and chief information officer, also resigned, according to an 8-K filing with the Securities and Exchange Commission.

The company's statement filed with the SEC reports only that the two men resigned and gave their titles.

Carney had been the book chain's vice president, general counsel, and secretary since 1994. He was promoted to senior vice president in 2004 and executive vice president four years later. Laverty joined the company in May 2009.