Best Buy CEO resigned amid misconduct investigation

A spokeswoman for Best Buy says a committee was investigating Brian Dunn's personal conduct when the CEO chose to resign. She says the issues that led to the investigation were not related to Best Buy's operations or finances. The company described Dunn's departure as a "mutual agreement that it was time for new leadership."
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A spokeswoman for Best Buy says a committee was investigating Brian Dunn's personal conduct when the CEO chose to resign. She says the issues that led to the investigation were not related to Best Buy's operations or finances. The company described Dunn's departure as a "mutual agreement that it was time for new leadership."

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CEO's resignation won't end Best Buy's investigation of his conduct

Best Buy's board of directors says its investigation into Brian Dunn's personal conduct remains open even though Dunn stepped down as CEO this week. The company says the conduct it's looking into does not involve Best Buy operations or finances, but has offered no other details.

Best Buy selects CEO search committee

Four board members will lead the global search for a new chief executive officer at the Richfield-based electronics retailer. Brian Dunn resigned from the leadership position amid an investigation into his personal conduct. Interim CEO Mike Mikan is considered a candidate to permanently replace Dunn. Best Buy expects the search process to take six to nine months.

Probe into former Best Buy CEO involves conduct with female employee

The Star Tribune reports Best Buy is investigating allegations Brian Dunn used company resources to carry out an inappropriate relationship. A company spokesperson tells the newspaper "the investigation is ongoing" despite Dunn stepping down from his leadership position Tuesday.

Best Buy chief marketing officer resigns

Barry Judge is the third executive to depart the Richfield-based electronics retailer this year. Former Starbucks executive Stephen Gillett is expected to take over his role. The Pioneer Press reports the resignation is not related to former CEO Brian Dunn, who stepped down in April amid an internal investigation. Geek Squad founder Robert Stephens also left Best Buy in March.

Best Buy expanding its investigation into former CEO Brian Dunn

The Richfield-based electronics chain is looking into whether top company leaders failed to report information to the board of directors, according to the Star Tribune. Brian Dunn resigned abruptly last month amid an internal investigation. He's accused of personal misconduct with company resources.

Best Buy compensation consultant resigns, opposed retention bonuses

Longtime independent compensation expert, Don Delves, is no longer working with Best Buy's compensation committee. Bloomberg reports Delves quit after the Richfield electronics giant awarded more than 100 managers extra pay without linking it to performance -- a decision he opposed. According to an email statement, Best Buy said the incentive pay is "intended to ensure leadership continuity."

Best Buy founder steps down as chairman, report says he knew about CEO's relationship

Best Buy founder and Minnesota native Richard Schulze has announced he is stepping down as chairman after the release of an investigation into the conduct of former CEO Brian Dunn. The investigation showed that Schulze knew about about Dunn's close personal relationship with a female employee and failed to report it to the board.

Best Buy CEO: We'll rise despite upheaval

After a series of bombshells that have shaken the company, Best Buy's interim CEO is trying to reassure employees that the electronics retail giant will rebound and rise again. "This has undoubtedly been the most difficult period in Best Buy's history," G. Mike Mikan said in a video message to employees Tuesday, the Pioneer Press reports.