Hubert Joly , , , Chairman (2015-present) and Chief Executive Officer of Best Buy Co., Inc. (2012-present)

Director Since: September 2012

Other For-Profit Directorships (*Public Company):

  • Ralph Lauren Corporation*


Education: Mr. Joly holds degrees from the École des Hautes Études Commerciales de Paris (HEC Paris) and the Institut d’Etudes Politiques de Paris.

Prior Roles:

  • President and Chief Executive Officer of Carlson, Inc., a worldwide hospitality and travel company (2008-2012)
  • President and Chief Executive Officer of Carlson Wagonlit Travel, a business travel management company (2004-2008)
  • Senior executive positions with Vivendi S.A., a French multinational media and telecommunications company (1999-2004).

Key Qualifications & Experience:

  • CEO Experience - Mr. Joly has served as Chief Executive Officer of Best Buy since 2012. He previously served as President and Chief Executive Officer of Carlson, Inc., a worldwide hospitality and travel company, and President and Chief Executive Officer of Carlson Wagonlit Travel, a business travel management company.
  • Growth / Transformation Experience - Mr. Joly led Best Buy through its successful customer-focused Renew Blue transformation, which delivered improved customer satisfaction, market share gains, revenue growth and improved margins, and reduced $1.5 billion of costs to fund necessary investments. He is now leading the Company’s Best Buy 2020 growth strategy, focused on enriching people's lives through technology. Previously, Mr. Joly led the turnaround of EDS (now part of Hewlett Packard) in France, then led the restructuring and growth of Vivendi’s video game business. While at Carlson Wagonlit Travel, the company’s sales grew from $8 billion in 2003 to $25 billion in 2007. He then led the implementation of Carlson, Inc's Ambition 2015 to reposition and grow the company's core brands.
  • Knowledge of Best Buy and/or Industry - As the Company’s Chief Executive Officer, Mr. Joly has a deep knowledge of Best Buy, its business partners and the broader industry in which it competes. He also sits on the executive committees for the Retail Industry Leaders Association and the Minnesota Business Partnership.

Lisa M. Caputo , , , Executive Vice President of Marketing, Communications and Customer Experience of The Travelers Companies, Inc., a property casualty insurer (2011-present)

Director Since: January 2009

Other For-Profit Directorships (*Public Company): None

Education: Ms. Caputo holds degrees from Brown University and from Northwestern University.


Prior Roles:

  • Managing Director and Senior Banker of the Public Sector Group of the Institutional Clients Group of Citigroup, Inc., a financial services company (2010-2011)
  • Global Chief Marketing Officer and Executive Vice President of Citigroup, Inc. (2007-2010)
  • Chief Marketing and Community Relations Officer, Global Consumer Group, Citigroup, Inc. (2005-2007)
  • Founder, Chairman and Chief Executive Officer of Citi’s Women & Co., a membership service that provides financial education and services for women (2000-2011).

Key Qualifications & Experience:

  • Marketing Expertise - Ms. Caputo’s position as Executive Vice President of Marketing, Communications and Customer Experience of The Travelers Companies, Inc., makes her invaluable to Best Buy’s efforts to broaden its brand, rejuvenate the customer experience and transform its marketing and communications efforts to drive growth. In addition, her perspective gained from driving innovation efforts to explore partnership and investment opportunities at Travelers is helpful as we develop growth initiatives within the Company's Best Buy 2020 strategy. Ms. Caputo also spent 11 years at Citigroup, advising three CEOs on topics from marketing and communications to government affairs and community relations.
  • Social Responsibility Expertise - Ms. Caputo has an exceptional track record throughout her career of enhancing community and employee engagement, key components of the Company’s environmental, social and governance goals.
  • Corporate Governance Expertise - Ms. Caputo has also been a senior executive at Walt Disney Co. and CBS Corp., and she spent more than a decade in the public sector, serving as Deputy Assistant to President Bill Clinton and Press Secretary to First Lady Hillary Rodham Clinton. Her diverse public/private background lends an important voice to Board deliberations, particularly those that involve the Company’s government relations and communications efforts.

J. Patrick Doyle , , , Retired

Director Since: October 2014

Other For-Profit Directorships (*Public Company):

  • Domino's Pizza, Inc.*


Education: Mr. Doyle holds degrees from The University of Chicago Booth School of Business and The University of Michigan.

Prior Roles:

  • President (2007 – 2018) and Chief Executive Officer (2010 – 2018) of Domino’s Pizza, the second largest pizza chain in the world
  • Executive Vice President of Team U.S.A. at Domino’s Pizza (2004-2007)
  • Executive Vice President of Domino’s Pizza International (1999-2004).

Key Qualifications & Experience:

  • CEO Experience - Mr. Doyle served as Chief Executive Officer of Domino’s Pizza, Inc., the second-largest pizza company in the world, from 2010 - 2018. Prior to that, he held a variety of other senior leadership roles at Domino's.
  • Digital / E-Commerce Expertise - Under Mr. Doyle’s leadership, Domino’s significantly enhanced its multichannel presence, with digital channels now accounting for 60 percent of U.S. orders. That expertise supports Best Buy’s goal of increasing its online market share.
  • Growth / Transformation Experience - Having led remarkable growth and transformation at Domino’s, Mr.Doyle’s experience and insights are valuable to the Board and senior management as Best Buy undertakes a similar effort. Under Mr. Doyle, Domino’s rebuilt its reputation among consumers and nearly doubled its global retail sales from $5.5 billion in 2008 to $10.9 billion in 2016.

Russell P. Fradin , , , Operating Partner at Clayton, Dubilier & Rice, a private investment firm (April 2016-present)

Director Since: April 2013

Other For-Profit Directorships (*Public Company):

  • Capco
  • Hamilton Insurance
  • Tranzact
  • TransUnion*

Education: Mr. Fradin holds degrees from the Wharton School of the University of Pennsylvania and from Harvard University.

Prior Roles:

  • Chairman and Chief Executive Officer of AonHewitt, a global provider of human resources consulting and outsourcing solutions (2010-2011)
  • Chief Executive Officer of Hewitt Associates (2006-2010)
  • President and Chief Executive Officer of The BISYS Group, Inc., a provider of outsourcing solutions for the financial services sector (2004-2006).

Key Qualifications & Experience:

  • Corporate Governance Expertise - Mr. Fradin brings experience as both a CEO and an executive board chair to his role as Best Buy’s Lead Independent Director. He has firsthand insight into the partnership between an engaged board and an effective, high-performing management team.
  • Business Operations / Services Expertise - As the former CEO of Hewitt Associations and AonHewitt, Mr. Fradin is able to provide valuable advice on issues such as developing service-based initiatives, streamlining operations, reducing costs and establishing appropriate executive compensation. Earlier in his career, he spent 18 years at McKinsey and Co., where he specialized in providing Fortune 500 clients advice on new product and service innovations.
  • CEO Experience - Mr. Fradin currently serves as Operating Partner at Clayton, Dubilier & Rice. He previously served as CEO of SunGard (now acquired by Fidelity National Information Services, Inc.), Aon Hewitt, Hewitt Associates and The BISYS Group,

Kathy J. Higgins Victor , , , President and Founder of Centera Corporation, an executive development and leadership coaching firm (1995-present)

Director Since: November 1999

Other For-Profit Directorships (*Public Company): None

Education: Ms. Higgins Victor holds a degree from the University of Avila.


Prior Roles:

  • Senior Vice President, Chief Human Resources Officer at Northwest Airlines, Inc., a global commercial airline now merged with Delta Air Lines (1991-1995).

Key Qualifications & Experience:

  • Talent Management Expertise - Ms. Higgins Victor is the founder and president of Centera Corp., an executive development and leadership coaching firm. She has extensive experience in human resources, talent management, organizational culture and succession planning. While serving as Chief Human Resources Officer at Northwest Airlines, Inc., she was responsible for executive compensation, employee benefits and labor relations. She also held Human Resource-related leadership roles at The Pillsbury Co. and Burger King Corp. earlier in her career.
  • Corporate Governance Expertise - Ms. Higgins Victor has decades of experience advising senior Fortune 100 executives and expertise in governance, change management and human resources. That gives her the ability to offer insights into how to build the foundational capabilities in the areas of governance, engagement and diversity necessary to unlock future growth strategies. As Chair of the Nominating Committee, Ms. Higgins Victor leads the Board’s efforts around board refreshment, engagement and evaluation.
  • Knowledge of Best Buy and/or Industry - As a Best Buy director since 1999, Ms. Higgins Victor has extensive knowledge of the company’s business and culture. Her understanding of our history is particularly helpful as the Company moves into its next stage of growth.

David W. Kenny , , , Senior Vice President of IBM Watson (January 2016-present) and IBM Cloud (November 2016-present), business units of IBM, an American multinational technology and consulting corporation

Director Since: September 2013

Other For-Profit Directorships (*Public Company): None

Education: Mr. Kenny holds degrees from the GM Institute (now Kettering University) and Harvard University.


Prior Roles:

  • Chairman and Chief Executive Officer of The Weather Company, a leading provider of weather forecasts and information (2012-2015)
  • President of Akamai, a leading cloud platform technology company (2011-2012)
  • Managing Partner of VivaKi, a provider of integrated strategy, technology and marketing solutions for internet-based ecommerce companies (2006-2010)
  • Founder and Chief Executive Officer of Digitas, Inc., which was later merged with VivaKi (1997-2006).

Key Qualifications & Experience:

  • CEO Experience - Prior to his current role with IBM Watson, Mr. Kenny was chairman and CEO of The Weather Co., a leading provider of weather forecasts and information, from 2012 to 2015. He also previously served as President of Akamai, Managing Partner of VivaKi, and CEO of Digitas Inc., all technology-related companies.
  • Technology Expertise - As Senior Vice President of IBM Watson, Mr. Kenny is leading the company’s growth initiatives around cloud and artificial intelligence services. His online leadership dates to 1997, when he founded Digitas, Inc., a provider of technology and marketing solutions for e-commerce and multichannel companies.
  • Customer Engagement Expertise - As chairman and chief executive officer of The Weather Company, acquired by IBM in 2016, Mr. Kenny helped turn the organization into a media heavyweight that produced television programming, developed apps, published content and used analytics to connect businesses to consumers through weather and climate-related content. He uses those consumer centric and strategic skills to support Best Buy’s growth and transformation efforts, including our goal of capturing online share and serving customers based on how, where and when they want to be served.

Karen McLoughlin , , , Chief Financial Officer of Cognizant Technology Solutions Corporation, a Fortune 500 company and leading provider of information technology, business process and consulting services (2012-present)

Director Since: September 2015

Other For-Profit Directorships (*Public Company): None

Education: Ms. McLoughlin holds degrees from Wellesley College and Columbia University.


Prior Roles:

  • Senior Vice President, Financial Planning and Analysis and Enterprise Transformation of Cognizant (2008-2012)
  • Vice President, Global Financial Planning and Analysis of Cognizant (2003-2008)
  • Vice President, Finance of Spherion Corp., now SFN Group Inc., which was acquired by Randstadt (1997-2003).

Key Qualifications & Experience:

  • Finance Expertise - As the Chief Financial Officer of Cognizant Technology Solutions Corp., Ms. McLoughlin brings strong financial acumen to the Best Buy board. Prior to that, she spent more than 20 years in various finance management roles at Cognizant, Spherion and Rider System Inc.
  • Services Expertise - Having been at Cognizant since 2003, she has developed a deep knowledge of the IT services sector, which will be invaluable to Best Buy as we consider our own internal IT processes and continue to emphasize Services across the organization as part of its Best Buy 2020 growth strategy.
  • Growth / Transformation Expertise - During Ms. McLoughlin’s time at Cognizant, the company has experienced tremendous growth, with revenue increasing from $368 million in 2003 to $14.81 billion in 2017. Cognizant ranked No. 205 on the 2017 Fortune 500 list.

Thomas L. Millner , , , Retired

Director Since: January 2014

Other For-Profit Directorships (*Public Company):

  • Total Wine & More


Education: Mr. Millner holds a degree from Randolph Macon College.

Prior Roles:

  • Chief Executive Officer and a Director of Cabela’s Inc., a leading multi-channel retailer of hunting, fishing and camping products (2009-2017)
  • President and Chief Executive Officer of Freedom Group, Inc. and its successor company, Remington Arms Company, Inc., a firearms and ammunition manufacturer (1999-2009).

Key Qualifications & Experience:

  • CEO Experience - Mr. Millner served as CEO of Cabela’s, Inc., a leading multi-channel retailer of hunting, fishing and camping products, from 2009 to 2017. He also previously served as CEO of Freedom Group, Inc. and Remington Arms Co., Inc., a firearms and ammunition manufacturer.
  • Growth / Transformation Expertise - Mr. Millner has experience leading a specialty retailer through a transformation and significant growth, taking Cabela’s from $2.6 billion in revenue in 2009 to $4.13 billion in 2016. Bass Pro Shops Inc. bought the company for $4.0 billion in 2017.
  • Knowledge of Best Buy and/or Industry - As the former president and CEO of Cabela’s, Inc., Mr. Millner was a prominent player in multichannel retail. He brings to the Best Buy Board expertise in support of the Company’s Best Buy 2020 growth strategy, particularly priorities concerning effective merchandising and multichannel operations.

Claudia Fan Munce , , , Venture Advisor at New Enterprise Associates (NEA), one of the world’s largest and most active venture capital firms (January 2016-present)

Director Since: March 2016

Other For-Profit Directorships (*Public Company):

  • Bank of the West
  • CoreLogic*

Education: Ms. Munce holds degrees from the Santa Clara University School of Engineering and the Stanford University Graduate School of Business.

Prior Roles:

  • Managing Director of IBM Venture Capital Group and Vice President of Corporate Strategy at IBM Corp. (2004-2015)
  • Director of Strategy, IBM Venture Capital Group (2000-2004)
  • Head of Technology Transfer and Licensing, IBM Research (1994-2000).

Key Qualifications & Experience:

  • Venture Capital Expertise - As a seasoned venture capital leader, Ms. Munce has developed a deep knowledge of strategic partnerships and M&A activities. She currently is a venture adviser at New Enterprise Associates, one of the world’s largest and most active venture capital firms. She also serves on the organizational boards of the National Venture Capital Association and Global Corporate Venturing Leadership Society.
  • Technology Expertise - Ms. Munce’s many years of focusing on emerging markets and disruptive technology are valuable to Best Buy as it explores growth opportunities consistent with its Best Buy 2020 strategy. She brings the perspective of someone with a highly technical engineering and computer science background, as well as business acumen and a strategic mindset.
  • Growth / Transformation Experience - Ms. Munce was a founding member of the IBM Venture Capital Group, a unit within IBM that drives non-organic growth through partnerships and M&A activities globally, focusing on growth markets and disruptive technology and business models. While at IBM, she worked with more than 300 venture capital firms across 30 countries to advance the company’s strategic goals for developing innovations worldwide.

Richelle Parham , , , General Partner, Camden Partners Holdings, LLC, a private equity firm (2016-present)

Director Since: March 2018

Other For-Profit Directorships (*Public Company):

  • E.L.F.*
  • Laboratory Corporation of America Holdings*
  • Ranir

Education: Ms. Parham holds degrees from Drexel University.

Prior Roles:

  • Vice President and Chief Marketing Officer, eBay, Inc., a global e-commerce company (2010-2015)
  • Head, Global Marketing Innovation (2010) and Head, Global Marketing Services (2008-2010) of Visa, Inc., a global payments technology company
  • Senior Vice President, Strategy and Enablement, Rapp Worldwide (2007-2008)
  • Various marketing-related leadership roles, Bronner Slosberg Humphrey, now known as Digitas Inc. (1994-2007)
  • Former Director at Scripps Network Interactive (2012-2018).

Key Qualifications & Experience:

  • Marketing Expertise - As Vice President and Chief Marking Officer of eBay, Inc., Ms. Parham was tasked with transforming the company’s brand reputation. She focused on optimizing the company’s marketing budget to improve return on investment and new revenue streams, and she helped decrease attrition rates by building out the company’s CRM strategy and better understanding the customer’s path to making purchase decisions. She has strong knowledge of how to use data analytics for more effective targeting and pricing.
  • Digital / E-commerce Experience - With extensive experience in e-commerce, Ms. Parham takes pride in understanding the fundamental needs of consumers, rethinking what is possible and executing effectively at scale. She has led strategy and built brands via various digital channels. Her insight will be highly valuable to the Board as it moves forward with the Best Buy 2020 strategy.
  • Business Operations / Strategy Expertise - Ms. Parham is a seasoned, senior-level executive with more than 25 years of experience at best-in-class corporations such as eBay, Visa, Digitas and Citibank. She has a proven track record of leading high-performing teams and using strategic planning and analytical decision-making to successfully drive key business performance.

Email Alerts

Email Address *
Mailing Lists *




 
Enter the code shown above.