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MINNEAPOLIS, December 17, 2009 – Best Buy Co., Inc. (NYSE: BBY) today announced the appointment of Lisa Caputo to its board of directors, effective December 14, 2009. Caputo, Executive Vice President, Global Marketing and Corporate Affairs for Citigroup Inc., and Chairman and CEO of Citi’s Women & Company, was appointed as a Class 1 director with a term expiring in June 2010.
MINNEAPOLIS, November 11, 2009 – Best Buy (NYSE:BBY) announced today that Robert A. Willett, 63, CEO of Best Buy International, will retire effective Dec. 31, 2009. The company does not plan to name a successor to the specific role of International CEO. Brian J. Dunn, Chief Executive of Best Buy Co., Inc., is working with Willett on a smooth transition. The company has strong local leaders and teams in every country in which it operates and is confident in their abilities. Best Buy’s evolving global growth strategy creates opportunities to approach the work in new ways. The company remains fully committed to its global growth strategy, and it continues to be one of the company’s four strategic priorities.
MINNEAPOLIS, June 24, 2009 -- Brian J. Dunn, age 49, officially became the chief executive officer of Best Buy Co., Inc. (NYSE: BBY) at the company’s annual meeting of shareholders, held at the Best Buy corporate campus this morning. Dunn, a 24-year veteran of the company, had been the president and chief operating officer of the leading consumer electronics retailer.
MINNEAPOLIS, May 26, 2009 – Best Buy Co., Inc. (NYSE: BBY), today announced executive changes designed to strengthen its information technology team worldwide and enhance management of its expanding international operations.
MINNEAPOLIS, May 20 – Best Buy Co., Inc. (NYSE:BBY) today announced a new leadership model to ensure continued growth of women’s market share in consumer electronics through its established Women’s Leadership Forum (WOLF @Best Buy). Liz Haesler, vice president, Home Life and Trend, and Mary Stoddart, vice president, territory general manager, will together lead the next stage of the WOLF@Best Buy network, with a focus to help Best Buy build an even stronger culture for women to work, and demonstrate market share gains with female consumers.
MINNEAPOLIS, Jan. 21, 2009 – Best Buy Co., Inc. (NYSE: BBY), a leading consumer electronics retailer, reported today that its board of directors has appointed Brian J. Dunn to the position of chief executive officer, as part of the company’s succession plan. The appointment is effective on June 24, 2009. Dunn, age 48, currently is the company’s president and chief operating officer. Concurrent with his promotion, Dunn also is anticipated to be appointed to the company’s board of directors and will stand for election at the 2010 regular meeting of shareholders.
MINNEAPOLIS, December 2, 2008 - Best Buy, the nation’s leading consumer electronics retailer, celebrates the commitment and expertise of its employees this season by putting them front and center in a series of inspiring holiday-themed ads. The “True Stories” campaign showcases the meaningful role Best Buy employees play in helping customers select and use technology and entertainment to achieve their holiday dreams.
MINNEAPOLIS, Oct. 30, 2008 – Best Buy Co., Inc. (NYSE: BBY) received the Secretary of Labor’s 2008 New Freedom Initiative Award from the U.S. Department of Labor’s Office of Disability Employment Policy in honor of outstanding efforts and commitment to improving the workplace for Best Buy® employees and customers with disabilities. The Minnesota-based company is the first corporation in the state to receive the award.
MINNEAPOLIS, October 15, 2008 – In preparation for the 2008 holiday season, Best Buy, the nation’s number one consumer electronics retailer, is employing a unique approach to holiday hiring by having its 1,000-plus U.S. store managers determine how many extra employees each store needs. The company expects to see an approximate 15 percent increase over normal staffing levels per store.
MINNEAPOLIS - October 15, 2008 - Best Buy Co., Inc. (NYSE: BBY) today announced the appointment of Sanjay Khosla to its board of directors. Khosla, executive vice president and president of Kraft International Commercial, will be a Class 2 director with a term expiring in 2009.
