Best Buy executive chairman to step down
Tweet
Share
E-mail
FILE PHOTO: A customer enters a Best Buy store on a snowy day in Boulder, Colorado March 3, 2015. REUTERS/Rick Wilking
Get Alerts BBY Hot Sheet
Price: $91.08 +0.31%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4.2%
Revenue Growth %: +2.3%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4.2%
Revenue Growth %: +2.3%
Join SI Premium – FREE
(Reuters) - Retailer Best Buy Co Inc (NYSE: BBY) said on Wednesday Executive Chairman Hubert Joly would step down and will not stand for re-election at the shareholder meeting on June 11.
Joly, a restructuring expert and former chief executive officer of the company, had played a role in reviving falling same-store sales at the retailer.
(Reporting by Shradha Singh in Bengaluru; Editing by Krishna Chandra Eluri)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- UnitedHealth Group names Jodee Kozlak as chief administrative officer
- ARIA Cybersecurity deploys AZT Protect at animal drug manufacturer
- Kontoor Brands adds two directors, expands board to nine
Create E-mail Alert Related Categories
Corporate News, General News, Management Changes, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
