Best Buy names new CEO as Hubert Joly steps down


FILE – In this Nov. 26, 2015, file photo, Best Buy CEO Hubert Joly listens as a store manager speaks to employees before the store opens on Thanksgiving, in Minnetonka, Minn. The CEO credited with reviving a struggling Best Buy is stepping aside. Hubert Joly, 59, is handing leadership of the reinvigorated electronics retailer to longtime executive Corie Barry, 43, as part of the company’s succession plan effective June 11.(AP Photo/Bruce Kluckhohn, File)
Bruce Kluckhohn
In this undated photo provided by Best Buy, the company’s chief financial and strategic transformation officer, Corie Barry, poses for a portrait. Best Buy announced that Barry, 43, will become the company’s CEO effective June 11, taking over from current CEO Hubert Joly, who will become executive chairman of the board after stepping down. (Best Buy via AP)
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Source:: Deseret News – Business News

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