And Accenture is laughing all the way to the bank.

I guess Best Buy won't be getting any more of my money. If they have the ability to pay sickeningly ridiculous salaries and "bonuses" like this one, they certainly aren't going to miss my business.

Wow! Between this and remodeling all there stores , if I was one of the laid off employees I would be fuming! I guess desperate times calls for desperate measures.

Funny, I don't find a extended service plan in this package.

@fuzz48 my sentiments exactly. I vote with my money and there is nothing sold at Best buy that can't be gotten other places....

Obscene. The board responsible for this package should be dismissed, if BB is taken private. Absolutely disgusting.

mike and fuzz - now you did pay attention to the fact that most of that $20M is based on stock and stock performance right? If he comes in and does even worse, he isn't going to get that pay bonus. And options have a restriction on how soon, how much and how many you can exercise. A big part of that is for him coming from Carlson too. Having been a former Carlson employee he did well for the company on decisions he made. I'm still pulling for Schulze to do the buyout as he knows the company and would probably be able to re-energize it better than any other things they've been doing. Best Buy has too much real estate and haven't kept up with what other companies are doing.

Catch 22: To get anyone of substance to come to failing business you have to build in compensation wizardry to bake out all the risk for him. But what's his incentive to really try hard to turn around the place when he stands to make that much money regardless? Personal integrity to succeed?? I hope so!! I'm banking on their new guy from Starbucks, not the CEO.

Best Buy leadership: They sure know how to help themselves.

Best buy profit: $12 million. New CEO signing bonus: $20 million. And they wonder why they are going under. They can't do simple math!