Best Buy CEO resigns under cloud

  • Article by: THOMAS LEE , Star Tribune
  • Updated: April 11, 2012 - 8:42 PM

Board of directors committee is looking into "personal conduct."

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atfateshandsApr. 10, 12 9:18 AM

Not an unexpected move. I have a lot of friends who work at corporate and have been telling them for months to get out before the ceiling caves in. If this isn't a harbinger of the end, I don't know what is. Congrats to former BSM classmate Mike Mikan for taking over - I think.

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hurst1968Apr. 10, 12 9:32 AM

I wish Brian the very best in his next role. He is a good man who was the operational heart and soul of the company as it grew to 50B. He probably made some mistakes in the CEO chair but he is not alone in struggling to compete with Amazon, Costco and Walmart. The departure is probably best for all concerned but Brian will be missed by many.

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stopnaggingApr. 10, 12 9:33 AM

I think that Best Buy needs to recast themselves as a leaner enterprise where it's actually fun to shop. I used to spend a lot of money there, but between better prices and return policies being available online and not having to deal with the aggressive pitches for add-ons, Best Buy is more trouble than it's worth.

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indigoposseApr. 10, 12 9:33 AM

what sort of Golden Parachute did he get?

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orbital99Apr. 10, 12 9:40 AM

Now it's time to turn this ship around.

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marrmanApr. 10, 12 9:45 AM

Brian Dunn was a good man but he inherited a can of worms from Richard Schulze. Best Buy's removal of him won't change a thing, I'll still never step foot in a Best Buy again, A look at the bright side at least he dose not have to go down with a sinking ship!

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luzhishenApr. 10, 12 9:48 AM

It's about time - now what will they do with that horrid HQ...it looks like something out of Russia in the 70s.

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drposterApr. 10, 12 9:53 AM

Not unexpected. I'm saddened by the loss of jobs both in MN and nationwide but the prediction on the street is that BB will be done by 2014. They can't attract any serious investors the only people playing their stock are day traders hunting for pennies. This is a dead business model. They might as well turn their Insignia line over to Amazon and cash out while they still can.

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joe_mnApr. 10, 12 9:56 AM

I do not have solution for BB survival. Dunn will be replaced and BB will go on. Steve jobs dies and apple goes on. Both companies make nice toys we can live without. Do I need an iPad to survive? BB should be remade to sell stuff and continue as a business. But its survival has no bearing on my life.

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jayzee101Apr. 10, 12 9:57 AM

Return to what you call yourself, or go by the roadside. The margins you historically enjoyed are long gone; cut the Accenture fat, go lean and mean and compete.

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