BNET Industries

Market Cap:$17.8B
Last Fiscal Year Sales:$40.0B
  • Public
  • US
Dow Jones Description

With operations in the United States, Canada, China, Europe and Mexico, Best Buy is a multinational retailer of technology and entertainment products and services with a commitment to growth and innovation. The Best Buy family of brands and partnerships collectively generates more than $45 billion annual revenue and includes brands such as Best Buy, Audiovisions, The Carphone Warehouse, Future Shop, Geek Squad, Jiangsu Five Star, Magnolia Audio Video, Napster, Pacific Sales Kitchen, Bath and Electronic Centers, The Phone House and Speakeasy. Approximately 155,000 employees apply their talents to help bring the benefits of these brands to life for customers through retail locations, multiple call centers and Web sites, in-home solutions, product delivery and activities in our communities. Community partnership is central to the way we do business at Best Buy. In fiscal 2009, we donated a combined $33.4 million to improve the vitality of the communities where our employees and customers live and work.

Chief Executive Officer
Brian J. Dunn
Number of Employees 155,000
Contact Information

7601 Penn Avenue South

Richfield, Minnesota 55423

www.bestbuy.com

(612) 291-1000

NAICS Code Radio, Television, and Other Electronics Stores: 443112

Recent Events

  • The wait is over: Shoppers get out early to nab stores' best deals

    11/29/09 - Bond / Stock Rating - View Story

  • The Buzz Gaga for headphones

    11/28/09 - Product Announcement - View Story

  • Black Friday at Best Buy: What's the big deal?

    11/27/09 - Merger / Acquisition - View Story

  • A difficult crossing

    11/27/09 - Merger / Acquisition - View Story

  • This Black Friday may top last year's

    11/27/09 - Merger / Acquisition - View Story

  • 'Archos launches EUR 16.86 mln share issue'

    11/27/09 - Joint Venture / Alliance - View Story

  • Therese Poletti's Tech Tales: Power issue unlikely to deter HDTV buyers

    11/26/09 - Merger / Acquisition - View Story

  • Best Buy Founder's $21.6 Million Sale

    11/24/09 - Bond / Stock Rating - View Story

  • Kaija

    11/29/09 - Merger / Acquisition - View Story

  • U.K.'s Virgin Media Taps TiVo For Next-Gen DVRs

    11/24/09 - Joint Venture / Alliance - View Story

  • Best Buy Partners With CinemaNow

    11/24/09 - Joint Venture / Alliance - View Story

  • Best Buy Black Friday 2009 Sales: Amazing Bargains and Deals at Best Buy on Black...

    11/24/09 - Bond / Stock Rating - View Story

  • Retail stocks hammered amid selling over Dubai

    11/27/09 - Merger / Acquisition - View Story

  • Social animal

    11/22/09 - Merger / Acquisition - View Story

  • Best Buy CEO: Co Will Generate 'Nearly $50B' In Revenue This Year

    11/19/09 - Financial Announcement - View Story

  • Black Friday GPS Deals Drive Value Conscious Holiday Shoppers

    11/25/09 - Merger / Acquisition - View Story

  • Just in Time for the Gift-Giving Season, TiVo Announces New, Lower Prices on TiVo HD...

    11/17/09 - Bond / Stock Rating - View Story

  • Best Buy opens Geek Squad in Children’s Hospital

    11/17/09 - Site Opening - View Story

  • 10 Fascinating Facts about Black Friday

    11/15/09 - Merger / Acquisition - View Story

  • Black Friday Laptop Deals Under $300

    11/14/09 - Joint Venture / Alliance - View Story

News & Analysis

advertisement and best buy co. inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Brian J. Dunn Chief Executive Officer
Robert A. Willett Chief Executive Officer, Best Buy International
Scott Wheway Chief Executive Officer, Best Buy Europe
Michael J. Pratt President - Best Buy Canada
Sean Skelley President, International Retail Operations
Susan S. Hoff President , Children Foundation
Barry Judge Chief Marketing Officer & Executive Vice President
Clark T. Becker CTO & Senior Vice President
James L. Muehlbauer Interim CFO
John Noble Chief Financial Officer - Best Buy International
Marc D. Gordon CIO
Michael Linton Chief Marketing Officer & Executive Vice President
Neville Roberts Enterprise Chief Information Officer
Susan S Grafton Chief Accounting Officer
David Berg Executive Vice President, International Strategy & Corporate Development
David Morrish Executive Vice President, Connected Digital Solutions
Greg Thorson Executive Vice President
John C. Walden Executive Vice President, Growth Incubator
John E. Pershing Executive Vice President - Human Capital
Kal Patel Executive Vice President, Emerging Business SBU
Michael Vitelli Executive Vice President, Customer Operating Groups
Ron Boire Executive Vice President
Shari L. Ballard Executive Vice President, Entertainment, Multichannel and Human Capital
Thomas C. Healy Executive Vice President, Best Buy For Business
Timothy D. McGeehan Executive Vice President, Retail Sales
Charles A. Scheiderer Senior Vice President, Logistics
Daniel Currie Senior Vice President, Global Supply Chain
Dave Williams Senior Vice President, Customer Centricity
Donald G. Eames Senior Vice President, Business Group Leader, Division 1
Gary L. Arnold Senior Vice President, Entertainment
John R. Thompson Senior Vice President
Joseph M. Joyce Senior Vice President
Joseph T. Pegano Senior Vice President, Retail Store Operations
Julie M. Engel Senior Vice President, Advertising
Kevin P. Freeland Senior Vice President, Inventory Management
Lowell W. Peters Senior Vice President, Services
Michael W. Marolt Senior Vice President, Retail Operations
Ruby Anik Senior Vice President, Advertising & Promotional Marketing
Ryan D. Robinson Senior Vice President, Finance
Sam Taylor Senior Vice President, Online Stores, Marketing
Tasso Koken Senior Vice President, Mdsg
Wayne R. Inouye Senior Vice President, Mdsg
Connie B. Fuhrman Vice President, Process Development & Marketing
Dale W. Anderson Vice President, IS Applications Development
David S. Telschow Vice President, Prod Services
James M. Damian Vice President, Visual Mdsg
Jennifer Schaidler Vice President, Music
Jill M. Hamburger Vice President, Interactive Entertainment
Patrick R. Matre Vice President, Real Estate
Robert E. McGrath Vice President, Sales Development
Vince A. Accardi Vice President, Home Repair Services
Michael Ritter General Manager
David Sisson Senior Director, HR, US Retail
Manny Palomo Director, Creative Promotional Marketing
Bob Hall
Chad Marra Installer
Dan Sardinas
Jim Richards
Kerry R. Hicks
Laura Heller
Matthew Tennenbaum
Michael Handel
Michele Miller
Mike Robertson
Rachel Boyum
Rick Fiebiger
Rick Thorp
Sam Handlang
William Van

Board of Directors

Name (plus bio) Position
Richard M. Schulze Chairman
Allen U. Lenzmeier Vice Chairman
Bradbury H. Anderson Vice Chairman
Elliot S Kaplan Board of Directors
Frank D. Trestman Board of Directors
G. Mike Mikan Board of Directors
Gerard Vittecoq Board of Directors
Hatim A. Tyabji Board of Directors
Kathy J. Higgins Victor Board of Directors
Matthew H. Paull Board of Directors
Rogelio M. Rebolledo Board of Directors
Ronald James Board of Directors
Sanjay Khosla Board of Directors

Organization Position Status
Best Buy Co., Inc. Chief Executive Officer Current
Best Buy Co., Inc. Board of Directors Current
Dick's Sporting Goods, Inc. Board of Directors Current
Best Buy Co., Inc. President & Chief Operating Officer Former
Best Buy Co., Inc. Regional Vice President Former
Best Buy Co., Inc. District Manager Former
Best Buy Co., Inc. Sales Associate Former

Organization Position Status
Best Buy Co., Inc. Chief Executive Officer, Best Buy International Current
Best Buy Co., Inc. Chief Information Officer, Enterprise Former

Organization Position Status
Best Buy Co., Inc. Chief Executive Officer, Best Buy Europe Current
Aviva plc Board of Directors Current
Best Buy Co., Inc. Chief Operating Officer, Best Buy International Former
Alliance Boots Plc Managing Director, Boots the Chemist Former
Tesco Stores Ltd. Operations Director & Change Director Former
Alliance Boots Director, Retail Former

Michael J. Pratt became President — Best Buy Canada in January 2008. Prior to his assuming that position, Mr. Pratt was a Senior Vice President — Best Buy Canada. Prior to that, he had held numerous roles in his 17 years with Future Shop and Best Buy Canada, most recently responsible for Best Buy Canada stores, marketing, advertising and store design and our Commercial Sales Group in Canada.

Organization Position Status
Best Buy Co., Inc. President - Best Buy Canada Current

Organization Position Status
Best Buy Co., Inc. President, International Retail Operations Current
Best Buy Co., Inc. Senior Vice President & Leader, Services Business Group Former

Organization Position Status
Best Buy Co., Inc. President , Children Foundation Current
Minnesota Commission Senior Vice President of Corporate Communications and Chief Communications Officer for Best Buy Current
Best Buy Co., Inc. Chief Communications Officer Former
Best Buy Co., Inc. Senior Vice President Former
Best Buy Co., Inc. Public Relations Former
Niri Former
Children's Hospitals Chairman of the Board Former
National Investor Relations Institute Board of Directors Former
University of Minnesota Bachelor's Degree In Applied Graphic Design and Advertising Former
Minnesota Commission Bachelor's Degree In Applied Graphic Design Former

Organization Position Status
Best Buy Co., Inc. Chief Marketing Officer & Executive Vice President Current

Organization Position Status
Best Buy Co., Inc. CTO & Senior Vice President Current

Organization Position Status
Best Buy Co., Inc. Interim CFO Current
Best Buy Co., Inc. Senior Vice President and Chief Financial Officer - Best Buy U.S. Current
Best Buy Co., Inc. Senior Vice President, Finance Former

Organization Position Status
Best Buy Co., Inc. Chief Financial Officer - Best Buy International Current
Best Buy Co., Inc. Senior Vice President- Best Buy International Current

Organization Position Status
Best Buy Co., Inc. CIO Current

Organization Position Status
Best Buy Co., Inc. Chief Marketing Officer & Executive Vice President Current

Organization Position Status
Best Buy Co., Inc. Enterprise Chief Information Officer Current
Accenture Ltd. Senior Partner, Global Retail Practice Former

Organization Position Status
Best Buy Co., Inc. Chief Accounting Officer Current
Best Buy Co., Inc. Vice President Current
Best Buy Co., Inc. Controller Current
Rightpriceinvesting Vice President, Controller and Chief Accounting Officer Current
Rightpriceinvesting Board of Directors Current

Organization Position Status
Best Buy Co., Inc. Executive Vice President, International Strategy & Corporate Development Current
Best Buy Co., Inc. Senior Vice President & Chief Operating Officer, Best Buy International Former

Organization Position Status
Best Buy Co., Inc. Executive Vice President, Connected Digital Solutions Current
Vpr Matrix Inc Senior Vice President, Business Group Leader, Computers Current
Best Buy Co., Inc. Senior Vice President, Business Group Leader Former
Sears Canada Inc. Vice President Former
Best Buy Co., Inc. Vice President Former
Best Buy Co., Inc. General Merchandise Manager Former
Best Buy Co., Inc. Senior Buyer Former
Vpr Matrix Inc Group Leader Former

Organization Position Status
Best Buy Co., Inc. Executive Vice President Current

Organization Position Status
Best Buy Co., Inc. Executive Vice President, Growth Incubator Current
The Children's Theatre Board Member Current
Best Buy Co., Inc. President, Internet and Diret Marketing Division Former
Peapod, LLC Chief Operating Officer Former
Sidley Austin LLP Corporate & Securities Lawyer Former
Kellogg School of Management at Northwestern University MBA Former

Organization Position Status
Best Buy Co., Inc. Executive Vice President - Human Capital Current

Organization Position Status
Best Buy Co., Inc. Executive Vice President, Emerging Business SBU Current
Best Buy Co., Inc. Executive Vice President, Strategy and International Former
Strategos Partner Former
London Business School MBA Former
Leeds University Bachelor's Degree In Chemical Engineering Former

Organization Position Status
Best Buy Co., Inc. Executive Vice President, Customer Operating Groups Current
Best Buy Co., Inc. Senior Vice President, Consumer Electronics & Prod Management Former

Organization Position Status
Toys "R" Us, Inc. President Current
Best Buy Co., Inc. Executive Vice President Current
Toys "R" Us, Inc. Executive Committee Member Current
Sony Corporation President -Electronics Consumer Sales Former
Toys "R" Us, Inc. Executive Vice President Former
Best Buy Co., Inc. Global Merchandise Manager Former
Sony Corporation Marketing, Sales and Management Positions Former
Columbia University Master Former

Organization Position Status
Best Buy Co., Inc. Executive Vice President, Entertainment, Multichannel and Human Capital Current
Best Buy Co., Inc. Assistant Store Manager Former
University of Michigan Bachelor's Degree In Social Work Former

Organization Position Status
Best Buy Co., Inc. Executive Vice President, Best Buy For Business Current
Best Buy Co., Inc. President Former
Best Buy Co., Inc. Store Manager Former
Golf Galaxy Inc. Board of Directors Former

Organization Position Status
Best Buy Co., Inc. Executive Vice President, Retail Sales Current
Best Buy Co., Inc. District Manager Former

Organization Position Status
Best Buy Co., Inc. Senior Vice President, Logistics Current

Organization Position Status
Best Buy Co., Inc. Senior Vice President, Global Supply Chain Current

Organization Position Status
Best Buy Co., Inc. Senior Vice President, Customer Centricity Current

Organization Position Status
Best Buy Co., Inc. Senior Vice President, Business Group Leader, Division 1 Current

Organization Position Status
Best Buy Co., Inc. Senior Vice President, Entertainment Current

Organization Position Status
Best Buy Co., Inc. Senior Vice President Current
Belk, Inc. Director Current
Wendy's/Arby's Group, Inc. Board of Directors Current
Liz Claiborne, Inc. Chief Information Officer Former
Goody's Family Clothing, Inc. Chief Information Officer Former
Goody's Family Clothing, Inc. Executive Vice President Former
Liz Claiborne, Inc. Senior Vice President for Customer Service, Information Systems, Distribution, Logistics and E-Business Former
Best Buy Co., Inc. General Manager Former

Organization Position Status
Best Buy Co., Inc. Senior Vice President Current
Best Buy Co., Inc. General Counsel Current

Organization Position Status
Best Buy Co., Inc. Senior Vice President, Retail Store Operations Current

Organization Position Status
Best Buy Co., Inc. Senior Vice President, Advertising Current

Organization Position Status
Best Buy Co., Inc. Senior Vice President, Inventory Management Current

Organization Position Status
Best Buy Co., Inc. Senior Vice President, Services Current
Stephens College Trustee Former

Organization Position Status
Best Buy Co., Inc. Senior Vice President, Retail Operations Current

Organization Position Status
Best Buy Co., Inc. Senior Vice President, Advertising & Promotional Marketing Current
J.C. Penney Company, Inc. Senior Vice President, Brand Marketing Current
J.C. Penney Company, Inc. Director, Brand Marketing Current

Organization Position Status
Best Buy Co., Inc. Senior Vice President, Finance Current
Best Buy Co., Inc. Treasurer Current
ABN AMRO Holding N.V. Senior Vice President Former
ABN AMRO Holding N.V. Director of Corporate Finance Former

Organization Position Status
Best Buy Co., Inc. Senior Vice President, Online Stores, Marketing Current

Organization Position Status
Best Buy Co., Inc. Senior Vice President, Mdsg Current

Organization Position Status
Best Buy Co., Inc. Senior Vice President, Mdsg Current

Organization Position Status
Best Buy Co., Inc. Vice President, Process Development & Marketing Current

Organization Position Status
Best Buy Co., Inc. Vice President, IS Applications Development Current

Organization Position Status
Best Buy Co., Inc. Vice President, Prod Services Current

Organization Position Status
Best Buy Co., Inc. Vice President, Visual Mdsg Current
Buffalo Wild Wings, Inc. Chairman Current

Organization Position Status
Best Buy Co., Inc. Vice President, Music Current

Organization Position Status
Best Buy Co., Inc. Vice President, Interactive Entertainment Current

Organization Position Status
Best Buy Co., Inc. Vice President, Real Estate Current

Organization Position Status
Best Buy Co., Inc. Vice President, Sales Development Current

Organization Position Status
Best Buy Co., Inc. Vice President, Home Repair Services Current

Michael Ritter has been a General Manager for BestBuy.com, the online store division of Best Buy, Inc. since September of 2004. In addition to serving on the Power of Love board, he is also a member of a variety of technology infrastructure steering committees. Prior to joining Best Buy, Ritter served as Vice President of Marketing and Product Development of Vizio, Inc., an innovative HDTV consumer electronics manufacturer. Before joining Vizio in May of 2003, Ritter spent ten years at Gateway, Inc. where he held a number of management positions. At the time of his departure, he was Vice President of Product Marketing, leading the development and implementation of product, promotional, and pricing strategies for Gateway's Consumer and Small Business divisions. Ritter earned his Bachelor's degree in Business Economics from South Dakota State University and remains an active supporter of the school.

Organization Position Status
Best Buy Co., Inc. General Manager Current
Power of Love Foundation Board of Directors Current
Vizio, Inc. Vice President of Marketing and Product Development Former
South Dakota State University Bachelor's Degree In Business Economics Former

Organization Position Status
Best Buy Co., Inc. Senior Director, HR, US Retail Current

Organization Position Status
Best Buy Co., Inc. Director, Creative Promotional Marketing Current
Best Buy Co., Inc. Director, Creative Promotional Marketing Former

Mr. Hall brings 30 years experience consulting with global 1000 and market leading multi-national companies in the consumer product goods, retail and food & beverage segments. Mr. Hall is the Platform Development Practice Leader and manages execution excellence in growth strategy development for the firm. His experience has been in developing significant growth platforms outside the core business, new channel growth strategy, consumer segmentation, retail experience consulting and global brand strategy development. Mr. Hall's background and executive experience brings objectivity to implementing market strategy. Prior to joining The Valen Group, Mr. Hall was a Senior Manager in Cap Gemini Ernst & Young's Global Business Unit of the Consumer Products, Retail and Distribution practice in Chicago. Mr. Hall is a seasoned executive, having held positions as President for Apriori Consulting Advertising, consulting with advertising agencies and clients searching for new ad agencies; as Senior Vice President New Business Development for J. Walter Thompson working with Miller, Oscar Mayer and Kraft; and as Vice President for Leo Burnett Advertising. He has experience consulting for companies such as Kelloggs, Best Buy, Ahold, General Mills, PepsiCo/Tropicana and Kraft. He holds a BA and an MBA from the University of Illinois, Urbana.

Organization Position Status
General Mills, Inc. Current
Best Buy Co., Inc. Current
University of Illinois Ba and An Mba Former

Chad's history is interesting in that he is actually a former Mobile Dynamics Graduate. It's not unusual that graduates end up back at the school as instructors. His background also includes 7 years as an installer at a retail store and over 2 years with MITEK (MTX, Coustic, Xtant ). Mr Marra continues to elevate his level of expertise by working part time as an installer at Best Buy. This allows Chad to stay in tune with the latest trends and vehicles. Chad brings with him real world installation experience and that of working for a manufacturer. Chad joined Mobile Dynamics in 2005 and today shares his broad knowledge with our students in the classroom.

Organization Position Status
Mobile Dynamics Classroom Instructor, Associates Degree Electronics Engineering Current
Best Buy Co., Inc. Installer Current

Organization Position Status
Venango Woods Church Lead Pastor Current
Best Buy Co., Inc. Current

Organization Position Status
Slamco Sales Representative Current
Best Buy Co., Inc. Current
The Audio King Former
Mankato State University Degree In Business Administration Former

Kerry R. Hicks , age 49, one of our founders, has served as our Chief Executive Officer and has been a director since our inception in 1995. He also served as our President from our inception until November 1999 and currently serves as our President since June 2001.

Organization Position Status
Health Grades, Inc. Chairman and Chief Executive Officer Current
Honeywell Corporation Current
Best Buy Co., Inc. Current
Health Grades, Inc. Board of Directors Current
Colorado State University Master's In Information Systems Former
Colorado State University Bachelor's In Business Former

Laura Heller is Senior Editor of Retailing Today, the authoritative retail business news magazine. Ms. Heller has been reporting on retail trends and initiatives since 1997, when she joined the 40-year-old retail publication in its downtown Chicago office. She covers the nation's leading mass market retailers including Wal-Mart, Target and Sears and follows the nation's largest consumer electronics chains including Best Buy, Circuit City and Radio Shack. She has spent the better part of a decade analyzing industry and consumer trends in electronics, photography and home entertainment and watched with growing interest as both retailers and manufacturers target new demographics for their products. Ms. Heller is also a contributing editor to other Lebhar-Friedman publications including Chain Store Age, Drug Store News and Home Channel News and has worked as a consultant to eBrain Market Research and the Consumer Electronics Association on topics related to Women and Technology. She holds a BA degree in Journalism from the University of Iowa.

Organization Position Status
M2MOMS Senior Editor Current
Best Buy Co., Inc. Current
RadioShack Corporation Current
The University of Iowa Ba Degree In Journalism Former

Matthew Tennenbaum is COO and also directs the firms General Liability and Property Third Party Administration division. Mr. Tennenbaum has over 14 years of Regional and National Account Management and Property/Casualty claims handling experience with manufacturing, distribution, hospitality, real estate management and retail clients including the Navy and large corporations such as EMI, Wal Mart, Kmart, Circuit City and Best Buy. He previously founded the TPA firm Trafalgar Professional Administrators to service the claims handling needs for several Lloyds Syndicates and has led million dollar corporate wide IT project implementations for Business Intelligence, Claims and Litigation Management systems. Mr. Tennenbaum holds multi-state Adjuster licenses and is an accredited Producer. A graduate of West Virginia University, Mr. Tennenbaum earned his BSBA and is working towards an AIC designation.

Organization Position Status
Inland Marine Adjusters, Ltd Coo Current
Kmart Current
Best Buy Co., Inc. Current
West Virginia University Bsba and Is Working Towards An Aic Designation. Former

Since co-founding InSite Realty, Inc. in 1994, Mike has worked with a variety of clients, both corporate and institutional. Today, InSite's Leasing and Management division is responsible for a portfolio of over 6 million square feet of industrial and office properties. He has worked with owners such as Essex Capital, EastGroup Properties, Texas Instruments Incorporated, MONY Real Estate Services, Prudential Real Estate Services and Prologis. His work with end-users includes Compaq Computer Corporation, Exxon Corporation, McCoy, Inc., Continental Can Company, U.S. JVC Corporation, Best Buy Company and Graham Packaging Corporation.

Organization Position Status
Insite Realty, Inc Principal, Partner Current
McCoy Company Inc Current
Graham Packaging Company, L.P. Current
Best Buy Co., Inc. Current
Insite Realty, Inc Principal Former
ProLogis Former
Texas Instruments Incorporated Former

Organization Position Status
Future Now, Inc. Strategic Partner Current
Wizard Academy Press Author Current
Best Buy Co., Inc. Current
The Timberland Company Current
Michele Miller, Ltd Current
Wizard Academy Board of Directors Current
Wizard Academy Member Current
Future Now, Inc. Independent Consultant Former

Organization Position Status
Ocean Media Inc. Chairman & Co-CEO Current
Ocean Media Inc. Founder Current
Ocean Media Inc. Owner Current
Best Buy Co., Inc. Current
Free Credit Report Current
Overstock.com, Inc. Current
Pitney Bowes Inc. Current
KB Home Current
Ocean Media Inc. President Former
Pacific Media President Former

Organization Position Status
Slamco Business Manager Current
Best Buy Co., Inc. Current
North Dakota State University Former

Array

Organization Position Status
Eq-Life Director of Business Development Current

Array

Organization Position Status
Lancet Software, Inc. Chief Financial Officer Current
Pillsbury Former

Sam has 20 years of Human Resource experience including his tenure for companies such as General Motor and Best Buy, in addition to running his own Human Resource consulting firm. He is a long time member of the Society for Human Resources Management.

Organization Position Status
Best Buy Co., Inc. Current
Conley & Associates, Inc. Director Current

William Van Den Acre is Vice President of US Operations for Dollar Financial Group. He started in 1995 and has held most positions in the organization. Bill has had oversight for all US operations since 2002. Prior experience includes 20 years with Southland Corp, BJ's Wholesale Club and Best Buy. Time spent in operations, franchising and training.

Organization Position Status
Southland Corporation Current
Best Buy Co., Inc. Current
BJ's Wholesale Club, Inc. Current
Cfsp, Inc. Board of Directors Current

Richard M. Schulze, 67, is a founder of Best Buy. He has been an officer and director from our inception in 1966 and currently is Chairman of the Board. Effective in June 2002, he relinquished the duties of Chief Executive Officer. He had been our principal executive officer for more than 30 years. He is on the board of the University of St. Thomas, chairman of its Executive and Institutional Advancement Committee, and a member of its Board Affairs Committee. Mr. Schulze is also chairman of the board of the University of St. Thomas Business School.

Organization Position Status
Best Buy Co., Inc. Chairman Current
Best Buy Co., Inc. Board of Directors Current

Organization Position Status
Twin Cities Director Current
Best Buy Co., Inc. Vice Chairman Current
Boys & Girls Clubs of America Board of Directors Current
Best Buy Co., Inc. Board of Directors Current
UTStarcom, Inc. Director Current
Rightpriceinvesting Director Current
Best Buy Co., Inc. President Former
Best Buy Retail President Former
Best Buy Co., Inc. Chief Operating Officer Former
Mankato State University Bachelor’S Degree Former
Minnesota State University B.S. Former

Organization Position Status
Minnesota Public Radio Inc. Board of Directors Current
Best Buy Co., Inc. Vice Chairman Current
American Film Institute Board of Directors Current
General Mills, Inc. Board of Directors Current
Best Buy Co., Inc. Chief Executive Officer Former
Best Buy Co., Inc. President Former
Best Buy Co., Inc. Chief Operating Officer Former
Best Buy Co., Inc. Executive Vice President Former
Best Buy Co., Inc. Director Former
University of Denver Bachelor's Degree Former

Organization Position Status
Bank of Naples CEO Current
Robin's Attorney Current
American Business Travels Director Current
Emarketing & Commerce Director Current
Vin Gupta Board of Directors Current
Salesforcewatch Board of Directors Current
Triplex Direct Marketing Corporation Director Current
infoGROUP, Inc. Board of Directors Current
Best Buy Co., Inc. Board of Directors Current
Lease Return USA Board of Directors Current
Rightpriceinvesting Board of Directors Current
Bank of Naples President Former
Bank of Naples Owner Former
Bank of Naples Chairman of the Board of Directors Former
Robin's Chairman Former
Bank of Naples Director Former
University of Minnesota J.D. Former
University of Minnesota B.A. In Business Administration Former

Organization Position Status
Metris Companies Inc. Committee Member Current
Metris Companies Inc. Director Current
Best Buy Co., Inc. Board of Directors Current
McKesson Corporation Consultant Former

Mike Mikan was elected executive vice president and chief financial officer, UnitedHealth Group, in November 2006. He was most recently senior vice president, Finance, for the company. Mikan previously served as chief financial officer for UnitedHealthcare and chief financial officer for Specialized Care Services (now OptumHealth). Prior to these positions, Mikan was an executive in the company’s Corporate Development group, which is responsible for merger and acquisition activities.

Organization Position Status
UnitedHealth Group Incorporated Executive Vice President & Chief Financial Officer Current
Best Buy Co., Inc. Board of Directors Current
UnitedHealth Group Incorporated Executive, Corporate Development Group Former

Organization Position Status
Catukgraduates President of Caterpillar Inc. In Peoria, Ill Current
Caterpillar of Australia Ltd. Group President Current
The Caterpillar Tractor Co. Group President Current
Caterpillar Partnership Ltd. President Current
Acert Current
Evian Group, Inc. Board of Directors Current
Best Buy Co., Inc. Board of Directors Current
Caterpillar, Inc. Board of Directors Current
Caterpillar, Inc. Executive Office Member Current
Caterpillar, Inc. Group President Former
Caterpillar, Inc. Vice President Former
Caterpillar, Inc. Director of Strategy and Planning Former
Caterpillar, Inc. Assistant Manager Former
Caterpillar, Inc. Finance Representative Former
Laval University MBA Former
Columbia University Executive Program In International Management Former

Organization Position Status
Benchmark Capital Ambassador Current
Depotpoint, Inc. Executive Chairman of Bytemobile Current
Jasper Wireless, Ltd. Chairman Current
eFunds Corporation Board of Directors Current
Merchant E-Solutions Inc. Board of Directors Current
Best Buy Co., Inc. Board of Directors Current
Sierra Atlantic, Inc Board of Directors Current
Rightpriceinvesting Director Current
Missile Defense Advocacy Alliance Board of Directors Current
The Board, Inc. Board of Directors Current
Tafmo Ltd Board of Directors Current
Verifone CEO Former
Verifone, Inc. Chief Executive Officer Former
Verifone, Inc. President Former
Verifone Chairman Former
DataCard Group Chairman Former
Verifone, Inc. Chairman Former
Depotpoint, Inc. Board of Directors Former
The State University of New York Doctorate Former

Kathy J. Higgins Victor, 50, has been a director since November 1999. Since 1994, she has been president of Centera Corporation, an executive development and leadership coaching firm she founded which is located in Minneapolis, Minnesota. From 1991 to 1994, she was the senior vice president of human resources at Northwest Airlines, Inc., and prior to that held senior executive positions at The Pillsbury Company and Burger King Corporation. She is on the board of the University of St. Thomas.

Organization Position Status
Best Buy Co., Inc. Board of Directors Current

Matthew H. Paull, 55, has been a director since September 2003. He is the former corporate senior executive vice president and chief financial officer for McDonald’s Corporation, which develops, operates, franchises and services a worldwide system of McDonald's restaurants. Prior to joining McDonald’s Corporation in1993, he was a partner at Ernst & Young LLP, specializing in international tax.

Organization Position Status
Best Buy Co., Inc. Board of Directors Current

Rogelio M. Rebolledo, 62, has been a director since August 2006. He is the former chairman of PBG Mexico, the Mexican operations of Pepsi Bottling Group, Inc. He began his 30-year career with PepsiCo Inc. at Sabritas, the salty snack food unit of Frito-Lay International in Mexico. He was responsible for the development of the international Frito-Lay business, first in Latin America and then in Asia. From 2001 to 2003, he was president and chief executive officer of Frito-Lay International. He served as president and chief executive officer of Pepsi Bottling Group’s Mexico operations from January 2004 until July 2006.

Organization Position Status
Best Buy Co., Inc. Board of Directors Current
The Alfa Group Board of Directors Current
Kellogg Company Board of Directors Current
The Pepsi Bottling Group, Inc. President & Chief Executive Officer Former
The Pepsi Bottling Group, Inc. Board of Directors Former
The University of Iowa MBA Former
National University of Mexico Bachelor of Science Degree In Chemical Engineering Former

Ronald James, 56, has been a director since May 2004. Since 2000, he has served as president and chief executive officer of the Center for Ethical Business Cultures in Minneapolis, Minnesota, which assists business leaders in building ethical and profitable business cultures at the enterprise, community and global levels. From 1996 to 1998, he was president and chief executive officer of the Human Resources Group, a division of Ceridian Corporation in Minneapolis. From 1971 to 1996, he was employed by U.S. West Communications, Inc. (now Qwest), most recently serving as Minnesota’s top executive officer. He serves on the boards of Tamarack Funds, an investment fund of RBC Dain Rauscher, Inc.; Bremer Financial Corporation; and Allina Hospitals and Clinics. Finally, Mr. James serves on the boards of the Greater Twin Cities United Way, the Travelers Foundation and the Guthrie Theater.

Organization Position Status
Best Buy Co., Inc. Board of Directors Current

"Sanjay Khosla joined Kraft in 2007 as Executive Vice President and President, Kraft International. In this role, Khosla is leading Kraft's business outside of North America. Most recently, Sanjay was with Fonterra Co-operative Group, a multinational dairy company based in New Zealand. At Fonterra, he served as Managing Director of the company's consumer and foodservice business. During that time, he helped turn around the consumer business. Before joining Fonterra in 2004, Sanjay spent 27 years with Unilever in India, London and Europe. He most recently served as Senior Vice President, Global Beverages and Chairman of Unilever's $4 billion beverages category. The business saw accelerated growth worldwide as a result of the ""Paint the World Yellow with Lipton"" business program. Sanjay graduated with honors in electrical engineering from the Indian Institute of Technology. In 1998, he completed the Harvard University Advanced Management Program. That same year, he was named ""Marketing Superstar"" by the prominent marketing industry publication, Advertising Age. Sanjay serves on the Board of Directors of NIIT, a global information technology education company based in India. He is a member of the University of Auckland Business School Advisory Board. He has taught courses on managing international brands and business at Columbia University in New York, and at IMD in Lausanne, Switzerland. "

Organization Position Status
Kraft Foods Inc. President, Kraft International Commercial Current
Niit Limited Director Current
Best Buy Co., Inc. Board of Directors Current
Kraft Foods Inc. Executive Vice President Former
Fonterra Co-operative Group Ltd. Senior Vice President, Global Beverages Former
Fonterra Co-operative Group Ltd. Managing Director Former
Fonterra Co-operative Group Ltd. Chairman, Billion Beverages Category Former
Harvard University Advanced Management Program Former
Indian Institute of Technology Graduate, Electrical Engineering Former

Executive News

  • Head of Marketing for San Francisco 49ers Rounds Out the 2009 Chief Marketing Officer Summit Final Speaker Lineup

    Reuters - 9/04/09 - View Story

  • Head of Marketing for San Francisco 49ers Rounds Out the 2009

    Market Wire via MSN Money - 9/04/09 - View Story

  • MEDIA ADVISORY: Forrester's Consumer Forum 2009, October 27-28, 2009, In Chicago

    Forbes.com - 8/28/09 - View Story

  • A female CFO's journey

    CNN Money - 8/20/09 - View Story

  • Home Depot's recession strategy

    CNN Money - 8/20/09 - View Story

  • Home Depot sees housing recovery

    CNN Money - 8/20/09 - View Story

  • Sony ALTUS Wireless iPod Speaker Docks

    eCoustics.com - 8/20/09 - View Story

  • Sony and Best Buy Introduce the ALTUS Audio Product Line

    eHomeUpgrade - 8/18/09 - View Story

  • Need Fancy Wireless Audio Equipment? Sony and Best Buy Can Help

    Fast Company - 8/18/09 - View Story

  • Sony, Best Buy see better U.S. holiday sales

    Reuters - 8/18/09 - View Story

  • Sony and Best Buy Combine Forces to Deliver New Line of Audio Products

    Interest!ALERT - 8/18/09 - View Story

  • SONY and BEST BUY combine forces to deliver new line of audio products

    WebWire - 8/18/09 - View Story

  • You Want Insights? Go to the Front Lines

    New York Times - 8/15/09 - View Story

  • Waste's recession lessons

    CNN Money - 8/13/09 - View Story

  • Post-recession garbage growth

    CNN Money - 8/13/09 - View Story

  • Best Buy puts an e-commerce industry veteran in charge of global marketing

    InternetRetailer.com - 8/11/09 - View Story

  • Best Buy Reports Exec Promotions

    TradingMarkets - 8/11/09 - View Story

  • Best Buy Announces Executive Promotions

    Management Ventures Inc - 8/10/09 - View Story

  • Do You Have Any Offense?

    Forbes.com - 8/10/09 - View Story

  • Best Buy Announces Organization Changes

    Management Ventures Inc - 8/07/09 - View Story

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     BBY $42.83 -0.43 (-0.99% )
Average Volume 5,988,750
Shares Outstanding 416.54M
Market Cap 17.8B
Year High 44.32
Year Low 18.49
Earnings Per Share 2.21
P/E Ratio 19.38
Dividend 0.56
Yield 1.31
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