Best Buy 2020

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11 Jun: Corie Barry becomes fifth CEO in Best Buy history

There’s a new boss at Best Buy.

On Tuesday, Corie Barry becomes the fifth CEO in the company’s 53-year history. She replaces Hubert Joly, who led the company through a successful turnaround over the past seven years and will now become executive chairman as part of a planned leadership transition.

A Minnesota native, Corie has been with Best Buy for 20 years, most recently serving as the company’s chief financial and strategic transformation officer. She has been a member of the executive team for the past four years, playing a critical role in developing the company’s growth strategy.

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10 Jun: Hubert Joly leaves a lasting legacy as Best Buy CEO

In 2012, Best Buy was struggling. Sales and profits were declining, the stock price was plummeting and pundits were predicting the company’s demise.

But then, in what would be a major turning point in Best Buy’s history, the company hired Hubert Joly as CEO. Over the next seven years, he led the company through our successful Renew Blue transformation, which resulted in improved customer satisfaction, market share gains, revenue growth and improved margins.

Now, Hubert is moving into the newly created role of executive chairman as part of a planned leadership transition

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22 Sep: 7 Questions with Shari Ballard, One of Fortune’s ‘Most Powerful Women’

Best Buy executive Shari Ballard once again has been named to Fortune magazine’s annual list of the “Most Powerful Women in Business.”

Shari ranks No. 33 on the prestigious list, up from No. 42 last year. Fortune points to her expanding responsibilities with Best Buy’s e-commerce business and the role she has played in the company’s turnaround.

Shari joined Best Buy in 1993 as an assistant store manager in Flint, Michigan. Now she’s the senior executive vice president and president of multichannel retail.

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19 Sep: Best Buy Investor Day Details ‘Best Buy 2020: Building the New Blue’ Growth Strategy

Discusses Insights from Successful ‘Renew Blue’ Transformation

Shares Details on Plans to Expand What It Sells and Evolve How It Sells

Provides Long-Term Financial Targets for Fiscal 2021

 

MINNEAPOLIS, September 19, 2017 – Best Buy Co., Inc. (NYSE:BBY), a leading provider of consumer electronics products and services, will host an investor conference this afternoon to provide a more detailed overview of its Best Buy 2020: Building the New Blue growth strategy and discuss the company’s long-term financial outlook.

Best Buy Chairman and CEO Hubert Joly and other members of the executive team will discuss key insights gained from the company’s successful Renew Blue transformation, share the company’s analysis of the strategic landscape in which it operates and provide a closer look at key growth initiatives.