MINNEAPOLIS--(BUSINESS WIRE)--Best Buy Co., Inc. (NYSE:BBY) today announced that Richelle Parham has
been appointed to its Board of Directors, effective immediately.
Parham is a general partner at Camden Partners Holdings, a
Baltimore-based private equity firm focused on providing growth and seed
capital to lower-middle-market companies in technology, business
services, education and health care.
Parham is a seasoned executive with more than 25 years of global
strategy and marketing experience. Prior to joining Camden Partners
Holdings in 2016, she served as vice president and chief marketing
officer of eBay. She has also held senior leadership roles at Visa, Rapp
Worldwide, Digitas and Citibank.
“Richelle has a proven track record in global strategy and marketing —
especially personalized digital marketing — and a deep understanding of
e-commerce and the fundamental needs of consumers,” said Best Buy
Chairman and CEO Hubert Joly. “Her expertise and insights will have
great value as we move forward with our Best Buy 2020: Building the New
Blue growth strategy.”
“I am delighted to join the Board and look forward to working with
Hubert and the other directors as Best Buy continues to execute on its
vision to enrich people’s lives through technology,” Parham said.
Parham, 50, also serves as a board member for Laboratory Corporation of
America Holdings (NYSE: LH).
She earned a bachelor of science business administration degree in
marketing and a bachelor of science degree in design and merchandising
from Drexel University, where she now serves on the board of trustees.