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Stock impact report

Best Buy taps insider Jason Bonfig as new CEO, Corie Barry steps down [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
On Oct. 31, Barry will be succeeded by Jason Bonfig, who currently serves as Best Buy's chief customer, product, and fulfillment officer. Barry will stay on as a strategic adviser for six months when Bonfig takes the reins, and her seat on the board will be replaced by Bonfig, the company said on Wednesday. Barry was the first female CEO at Best Buy, and she has held that role since 2019. She successfully navigated the electronics giant through the COVID-19 pandemic and President Trump's tariffs. Bonfig joined the company as an inventory analyst in 1999, the same year Barry did. "He's the right person, with the vision to accelerate the company's strategy and take Best Buy into the future," Barry said. In a note to employees, she described him as a leader with "maniacal customer focus, innovative thinking and thoughtful decision-making." Corie Barry, current CEO, on left, Jason Bonfig, incoming CEO on right (Courtesy: Best Buy) The leadership change comes at a pivotal time f Show less Read more
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