Best Buy CEO could stay for long haul

Article by: THOMAS LEE , Star Tribune
Updated: September 4, 2012 - 8:56 PM

Hubert Joly, who is close to former CEO Brad Anderson, could remain with a private Best Buy.

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xgeeksquadSep. 4, 1211:55 AM

I hope they survive, but as an x-Geeksquad technician recently got laid off from them, I just don't see how.

mplsbigmamaSep. 4, 12 1:14 PM

A "$20 million sign on bonus" shows how smart the Best Buy Board really is. Big name Execs make Millions$$$ "just sitting" on a Board of Directors Chair, doing nothing - just sitting.

Hoffer1973Sep. 4, 12 5:17 PM

Not real confident this guy is a guy who can get this job done. He really doesn't have the looks of a guy who can relate to the clientele Best Buy is trying to target. Too much wine and cheese and not enough meat and potatoes who are the backbone of the Best Buy customers. But maybe they had a hard time convincing someone to come over considering the tenuous position the company is in or maybe the board did it to drive down the stock price to make this buyout easier. Congrats to the rest of the Best Buy shareholders. You just got screwed.