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.
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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.

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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.

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."

Best Buy selects the nation's largest executive search firm to find its next CEO

The Richfield-based consumer electronics giant hopes to hire Brian Dunn's replacement within the next nine months. Dunn resigned in April amid an internal probe that later found he had an inappropriate relationship with a female employee. Best Buy also disclosed interim CEO Mike Mikan's compensation package. He is considered a candidate to permanently replace Dunn.

CEO Brian Dunn resigns from Best Buy

Dunn is stepping down after being with the Richfield-based electronics retailer for nearly 30 years. Best Buy recently announced it was closing 50 stores and terminating 400 corporate jobs. Board member Mike Mikan will serve as interim CEO during the search for a permanent replacement.

Best Buy CEO: 'Showrooming is one of the greatest falsehoods'

Best Buy's new top executive, Hubert Joly, tells the Star Tribune that he's "not a big fan of shrinking the company." He wants the Richfield-based electronics giant to maximize sales with its existing stores. One analyst was also a bit puzzled by Joly's comments about "showrooming." "I don't think he's right. I think there's plenty of evidence of people doing that," said Laura Kennedy.

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.