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Best Buy Co., Inc. (BBY)

NYSE - NYSE Delayed price. Currency in USD
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76.00-0.23 (-0.30%)
At close: 04:00PM EDT
75.65 -0.35 (-0.46%)
After hours: 07:58PM EDT

Best Buy Co., Inc.

7601 Penn Avenue South
Richfield, MN 55423
United States
(612) 291-1000
https://corporate.bestbuy.com

Sector(s)Consumer Cyclical
IndustrySpecialty Retail
Full-time employees85,000

Key executives

NameTitlePayExercisedYear born
Ms. Corie Sue BarryCEO & Director1.84MN/A1975
Mr. Matthew M. BilunasSenior Executive VP of Enterprise Strategy & CFO1.12MN/A1973
Mr. Brian A. TilzerExecutive VP and Chief Digital, Analytics & Technology Officer1.04MN/A1971
Mr. Todd Gregory HartmanGeneral Counsel & Chief Risk Officer1MN/A1967
Ms. Kamy ScarlettSenior Executive VP of Human Resources, Corporate Affairs & Canada1.19M112.29k1964
Mr. Richard M. SchulzeFounder & Chairman Emeritus69.13kN/A1941
Mr. Mathew Raymond WatsonSenior VP, Controller & Chief Accounting OfficerN/AN/A1971
Ms. Mollie O'BrienVice President of Investor RelationsN/AN/AN/A
Ms. Keri GrafingChief Compliance OfficerN/AN/AN/A
Mr. Jeff HaydockChief Communications & Public Affairs OfficerN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Best Buy Co., Inc. engages in the retail of technology products in the United States, Canada, and international. Its stores provide computing and mobile phone products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness products, portable audio comprising headphones and portable speakers, and smart home products, as well as home theaters, which includes home theater accessories, soundbars, and televisions. The company's stores also offer appliances, such as dishwashers, laundry, ovens, refrigerators, blenders, coffee makers, vacuums, and personal care; entertainment products consisting of drones, peripherals, movies, and toys, as well as hardware and software, and virtual reality and other software products; and other products, such as baby, food and beverage, luggage, outdoor living, and sporting goods. In addition, it provides delivery, installation, memberships, repair, set-up, technical support, health-related, and warranty-related services. The company offers its products through stores and websites under the Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, Buy Mobile, CST, Current Health, Geek Squad, Lively, Magnolia, Pacific Kitchen, Home, TechLiquidators, and Yardbird brands, as well as domain names comprising bestbuy.com, currenthealth.com, lively.com, techliquidators.com, yardbird.com, and bestbuy.ca. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was incorporated in 1966 and is headquartered in Richfield, Minnesota.

Corporate governance

Best Buy Co., Inc.’s ISS governance QualityScore as of 1 April 2024 is 1. The pillar scores are Audit: 3; Board: 1; Shareholder rights: 2; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.