Best Buy Evolves Leadership Roles as Part of Succession Planning Process
April 15, 2019
Hubert Joly to become Executive Chairman of the Board of Directors Corie Barry , current CFO and Chief Strategic Transformation Officer, to become new CEO Mike Mohan to become President and COO MINNEAPOLIS -(BUSINESS WIRE)- Best Buy Co., Inc. (NYSE: BBY) today announced that its board of directors has elected Corie Barry , currently the company’s Chief Financial and Strategic Transformation Officer, to become Chief Executive Officer, effective following the company’s annual meeting of shareholders on June 11, 2019 . At that time, Hubert Joly , Best Buy’s current Chairman and Chief Executive Officer, will transition to the newly created role of Executive Chairman of the Board. These changes reflect the Board’s ongoing succession planning process and are designed to provide leadership continuity as the company continues to execute its strategic growth initiatives. Ms. Barry will also join the board of directors, which will expand to 13 directors. Since joining Best Buy in 2012, Mr. Joly...
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Best Buy Announces Regular Quarterly Cash Dividend
February 28, 2019
The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.50 per common share. The quarterly dividend is payable on April 10, 2019, to shareholders of record as of the close of business on March 20, 2019. The company had 265,702,588 shares of common stock issued and outstanding as of February 2, 2019. View source version on businesswire.com: https://www.businesswire.com/news/home/20190228005144/en/ Investor Contact: Mollie O’Brien (612) 291-7735 or mollie.obrien@bestbuy.com Media Contact:
Jeff Shelman
(612) 291-6114 or jeffrey.shelman@bestbuy.com Source: Best Buy Co., Inc....
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