Best Buy Appoints Veteran Executive as New CEO, Stock Reacts
Best Buy Co Inc (NYSE:BBY) announced the appointment of Jason Bonfig as its next CEO, succeeding Corie Barry later this year. The leadership transition is set to take effect on October 31, with Barry remaining a strategic advisor for six months. The stock fell following the announcement.
Tickers: $BBY
Topics: Best Buy CEO Transition Corporate Governance Leadership Change