Best Buy's CEO Hubert Joly shines at his first annual meeting

  • Article by: Thomas Lee , Star Tribune
  • Updated: June 21, 2013 - 6:45 AM

Wall Street applauds Hubert Joly’s leadership so far, although much remains to be done.

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regionguyJun. 20, 1312:31 PM

An 83% approval is not overwhelming by how these votes have typically gone.

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bs6699Jun. 20, 13 1:04 PM

The vast majority of BB shares are owned by institutions or funds that have no interest in breaking the trend of ever-rising executive compensation. The market won't fix this; time for laws on top-to bottom pay differentials.

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hahatsktskJun. 20, 13 1:06 PM

So how many $$$$ does this include?

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northstars91Jun. 20, 13 1:22 PM

I would NEVER trust a board to do what's in the best interest of shareholders

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dirtydogsJun. 20, 13 1:38 PM

I second that. Good Old Boys network that at times are more concerned about propping up executive pay that providing shareholder value.

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elguevonJun. 20, 13 3:58 PM

Take a reasonable base salary, then extra compensations awarded based on the performance of the company. See...was that so hard? Revolutionary idea I know....

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nonewtaxesJun. 21, 13 5:09 AM

83% of the people who actually OWN the company voted to approve his compensation. If you are not an owner you don't get a vote.

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joe_mnJun. 21, 1312:10 PM

BB customers want to pay same prices as competitors charge. How can BB lower their profit margin to make a sale?

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