Description

Best Buy is a multinational consumer electronics retailer headquartered in Richfield, Minnesota. Founded in 1966 as Sound of Music, it rebranded to Best Buy in 1983 and is now a leading provider of technology products and services. Their purpose is to enrich lives through technology, offering a mix of products, services, and advice in stores, online, and in homes. 

Key aspects of Best Buy:
  • Products and Services:
    Best Buy sells a wide range of consumer electronics, computing and mobile devices, appliances, entertainment products, and home office products. They also offer services like consultation, design, set-up, technical support, warranty, and health-related services. 

  • Omnichannel Strategy:
    Best Buy emphasizes a seamless omnichannel approach, integrating online and offline shopping experiences to meet customer needs. 

  • Corporate Responsibility and Sustainability:
    Best Buy is committed to corporate responsibility and sustainability, including environmental initiatives like carbon reduction goals and circular economy programs like repair, trade-in, and recycling. 
David Kenny:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Corie Barry:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Lisa Caputo:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
David Kimbell:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Mario Marte:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Karen Mcloughlin:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Claudia Munce:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Richelle Parham:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Steve Rendle:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Sima Sistani:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Melinda Whittington:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No

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5 Benchmark > 4 Excellent > 3  Good > 2 Caution > 1 Risk

 

 

 

NYSE
US0865161014

 

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Credit Rating

NameLogoCountryHeadquartersRating
Moody'sUnited States of AmericaRichfield, Minnesota, United StatesAAA
S&PUnited States of AmericaRichfield, Minnesota, United StatesAA+

 

Countries Operations/ Offices


 

Company Directors

Name
Nationality
Age
Role
Qualification
Name

David

Non Executive
NationalityAmerican
RoleChairperson
QualificationMBA, Bachelor of Science (BS), Industrial Administration
Date Appointed: 01/09/2013
Duration:
13 years and 0 month
Independance: N
Name

Corie

Executive
NationalityAmerican
RoleCEO
QualificationBachelor's Degree, Accounting and Business Management
Date Appointed: 01/06/2019
Duration:
7 years and 3 months
Independance: Y
Name

Lisa

Non Executive
NationalityAmerican
RoleNED
QualificationBachelor of Arts (B.A.), Political Science and French
Date Appointed: 01/12/2009
Duration:
16 years and 9 months
Independance: N
Name

David C.

Non Executive
NationalityAmerican
RoleNED
QualificationDegree
Date Appointed: 01/07/2023
Duration:
3 years and 2 months
Independance: Y
Name

Mario

Non Executive
NationalityAmerican
RoleNED
QualificationMBA - Finance Strategy; B.S Computer Engineering
Date Appointed: 01/01/2021
Duration:
5 years and 8 months
Independance: Y
Name

Karen

Non Executive
NationalityAmerican
RoleNED
QualificationBA -Economics; MBA - Finance
Date Appointed: 01/09/2015
Duration:
11 years and 0 month
Independance: N
Name

Claudia

Non Executive
NationalityAmerican
RoleNED
QualificationDegrees in Engineering
Date Appointed: 01/03/2016
Duration:
10 years and 6 months
Independance: N
Name

Richelle

Non Executive
NationalityAmerican
RoleNED
QualificationBS Business Administration, Marketing; BS Design Arts
Date Appointed: 01/03/2018
Duration:
8 years and 6 months
Independance: Y
Name

Steve E.

Non Executive
NationalityAmerican
RoleNED
QualificationDegree
Date Appointed: 01/03/2021
Duration:
5 years and 6 months
Independance: Y
Name

Sima D.

Non Executive
NationalityAmerican
RoleNED
QualificationMultiple Degrees
Date Appointed: 01/03/2023
Duration:
3 years and 6 months
Independance: Y
Name

Melinda D.

Non Executive
NationalityAmerican
RoleNED
QualificationDegree
Date Appointed: 01/03/2023
Duration:
3 years and 6 months
Independance: Y

 

Directors Tenure

Name
Duration
Name

David Kenny

Duration13 years and 0 month
Name

Corie Barry

Duration7 years and 3 months
Name

Lisa Caputo

Duration16 years and 9 months
Name

David C. Kimbell

Duration3 years and 2 months
Name

Mario Marte

Duration5 years and 8 months
Name

Karen Mcloughlin

Duration11 years and 0 month
Name

Claudia Munce

Duration10 years and 6 months
Name

Richelle Parham

Duration8 years and 6 months
Name

Steve E. Rendle

Duration5 years and 6 months
Name

Sima D. Sistani

Duration3 years and 6 months
Name

Melinda D. Whittington

Duration3 years and 6 months

 

Director Experience

Name
Experience
Name

David

Experience Logistics, Technology, Consumer Services
Name

Corie

Experience Financial Services, Retail
Name

Lisa

Experience Media and Advertising, Government
Name

David C.

Experience Retail, Logistics, Media and Advertising
Name

Mario

Experience Financial Services, eCommerce
Name

Karen

Experience Financial Services, Asset Management
Name

Claudia

Experience Technology, Business Services
Name

Richelle

Experience Media and Advertising, eCommerce, Business Services
Name

Steve E.

Experience Logistics, Business Services
Name

Sima D.

Experience eCommerce, Media and Advertising
Name

Melinda D.

Experience Financial Services, Logistics

 

Company Auditors

Name
Date Appointed
Years
Name

Deloitte

Date Appointed01/01/2005
Year21 years and 8 months

 

 

Company Committees

Name

David Kenny

Mainboard, Audit, Remuneration BD, NG, OT
Name

Corie Barry

Mainboard, Audit, Remuneration BD
Name

Lisa Caputo

Mainboard, Audit, Remuneration BD, NG, OT
Name

David C. Kimbell

Mainboard, Audit, Remuneration BD, RE, OT
Name

Mario Marte

Mainboard, Audit, Remuneration BD, AU, NG
Name

Karen Mcloughlin

Mainboard, Audit, Remuneration BD, AU, RE
Name

Claudia Munce

Mainboard, Audit, Remuneration BD, AU, RE
Name

Richelle Parham

Mainboard, Audit, Remuneration BD, NG, OT
Name

Steve E. Rendle

Mainboard, Audit, Remuneration BD, AU, RE
Name

Sima D. Sistani

Mainboard, Audit, Remuneration BD, NG, OT
Name

Melinda D. Whittington

Mainboard, Audit, Remuneration BD, AU, RE

 

Committee
Abbreviation
Supervisory Board
SB
Board
BD
Risk & Compliance
RC
Audit
AU
Remuneration
RE
Capital investment
CI
Industry Specific
IS
Nominations & Governance
NG
Health, Safety & Environment
HS
Social & Ethics
SE
Technology
TE
Executive
EX
Other
OT