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0.000155075187969953 0.000234962406015046 -0.000939849624060186 0.000469924812030093 -0.00234962406015035 -0.00767543859649126 -0.00485588972431081 -0.00485588972431081
Stock impact report

Best Buy CEO Corie Barry to step down as sales stagnate [Yahoo! Finance]

Best Buy Co., Inc. (BBY) 
Last best buy co., inc. earnings: 2/27 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Dive Brief: In a planned departure, Best Buy CEO Corie Barry will step down from the top role and as a member of the board on Oct. 31, according to a Wednesday press release. She will remain at the company as a strategic adviser for six months after stepping down. The retailer's board of directors selected Chief Customer, Product and Fulfillment Officer Jason Bonfig to take over the chief executive role and join the board at that time. A successor to Bonfig's current role has not been named. Bonfig is a Best Buy veteran, having first joined as an inventory analyst in 1999. Barry has also spent a majority of her professional career at the electronics company and joined around the same time, per her LinkedIn. Dive Insight: Barry's departure comes as the electronics retailer's growth has stagnated. The executive was promoted from chief financial and strategic transformation officer to CEO in 2019, just before the onset of the COVID-19 pandemic that rattled the retail industry. Show less Read more
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