Best Buy’s co-founder and former chairman Richard Schulze is returning to the Best Buy fold as chairman emeritus.
Shockwaves first hit at Carlson headquarters in Minnetonka on Friday. That’s when Carlson’s former CEO, Hubert Joly, tendered his resignation.
Now that he’s resigned from the board, there’s speculation that Richard Schulze may try to take Best Buy private.
The founder and outgoing chairman of Best Buy announced his resignation from the board Thursday and said that he may sell off his 20.1 percent stake in the beleaguered electronics retailer.
Most of us are lucky to get two weeks’ pay if we get fired. But when a CEO gets the axe, or resigns to avoid being fired, he or she often walks away with millions in severance.
Disgraced Best Buy CEO Brian Dunn will receive a $6.6 million severance package.
Best Buy founder Richard Schulze has announced he is stepping down. An internal investigation has confirmed a relationship between former CEO Brian Dunn and a female employee.
Innocent until proven guilty? Maybe not if the defendant is a CEO and the jury is a company’s board of directors.
Best Buy Co. says it is creating a search committee to find a CEO to replace Brian Dunn, who abruptly resigned Tuesday.
Best Buy CEO Brian Dunn abruptly resigned on Tuesday after the embattled consumer electronics chain launched an internal investigation into his “personal conduct.”
Best Buy CEO Brian Dunn is resigning from the nation’s largest consumer electronics retailer, which has been struggling to rebound amid growing competition and changing shopping habits.
The founder of Geek Squad announced that he’s leaving the company, which was acquired by Best Buy a decade ago.
The CEO of Best Buy received a pay package worth about $5 million in the most recent fiscal year, half what he got the year before, as the largest U.S. electronics retailer faces a slowdown in demand as consumers change the way they buy electronics, according to a document the company filed Friday with the Securities and Exchange Commission.