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.
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.
3M Co. is naming Inge Thulin its next president and chief executive officer. Inge is currently the company’s chief operating officer.
Apple Inc. says Steve Jobs is resigning as CEO, effective immediately.
Medtronic Inc. Chairman and CEO Omar Ishrak on Tuesday defended the data that his company submitted to federal regulators as part of the approval process for a bone-growth protein, saying they were sound and support the safe use of the spinal surgery product.
A regulatory filing shows that 3M Co. chief executive George Buckley plans to sell almost one-third of his company stock, worth more than $33 million.
Medtronic Inc., the world’s largest medical device maker, has selected the head of GE Healthcare to become its chief executive as it tries to re-energize sales in the midst of an industrywide slump.
The outgoing chief executive of Medtronic told employees Monday he will continue to lead the medical device manufacturer as its board of directors continues the search for a replacement.
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.
Apple CEO Steve Jobs has not replied to Sen. Al Franken’s letter about privacy concerns, but Franken expects answers soon.
Medical device maker St. Jude Medical says Chief Executive Daniel Starks was detained by airport police in India Wednesday after they found a single ammunition shell in his clothes.