Best Buy Announces Regular Quarterly Cash Dividend
May 25, 2016
MINNEAPOLIS -(BUSINESS WIRE)- The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.28 per common share. The quarterly dividend is payable on July 5, 2016 , to shareholders of record as of the close of business on June 14, 2016 . The company had 323,658,272 shares of common stock issued and outstanding as of April 30, 2016 . Investor Contact: Mollie O’Brien (612) 291-7735 or email@example.com Media Contact:
(612) 291-6114 or firstname.lastname@example.org...
Best Buy Announces Internal Succession Plan for Company’s Chief Administrative and Chief Financial Officer
May 24, 2016
MINNEAPOLIS, May 24, 2016 - As part of an internal succession plan, Best Buy today announced that Sharon McCollam, the company’s chief administrative and chief financial officer, will be stepping down on June 14, 2016. McCollam will remain with the company in an advisory capacity until the end of the fiscal year, January 28, 2017, to ensure a seamless transition. Corie Barry, a 16-year veteran of Best Buy and its current chief strategic growth officer, will become the company’s chief financial officer at the conclusion of Best Buy’s annual shareholder meeting, being held on June 14. Hubert Joly, Best Buy chairman and CEO commented, “Over her many years at Best Buy, Corie has held several field and corporate roles, both in operations and finance. She was formerly the senior vice president of U.S. Finance and, until recently, she led our services business on an interim basis while standing up the company’s Strategic Growth Office. Since Sharon arrived, she has been grooming Corie for...