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Best Buy Co., Inc. (BBY)

NYSE - NYSE Delayed price. Currency in USD
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122.04+2.90 (+2.43%)
At close: 4:00PM EST

122.52 +0.44 (0.36%)
After hours: 7:59PM EST

Best Buy Co., Inc.

7601 Penn Avenue South
Richfield, MN 55423
United States
612 291 1000
http://investors.bestbuy.com/investor-relations/overview/default.aspx

Sector(s)Consumer Cyclical
IndustrySpecialty Retail
Full-time employees125,000

Key executives

NameTitlePayExercisedYear born
Ms. Corie Sue BarryCEO & Director2.96M43.07k1975
Mr. R. Michael MohanPres & COO2.69MN/A1968
Mr. Hubert JolyConsultant2.47M41.16M1959
Mr. Matthew M. BilunasChief Financial Officer1.46M8.75k1973
Ms. Kamy ScarlettChief HR Officer2.77M100.14k1964
Mr. Whitney L. AlexanderChief Strategy Officer1.1MN/A1979
Mr. Mathew Raymond WatsonSr. VP of Fin., Controller & Chief Accounting OfficerN/AN/A1971
Mr. Brian A. TilzerChief Digital & Technology OfficerN/AN/A1971
Ms. Mollie O'BrienVP of Investor RelationsN/AN/AN/A
Mr. Todd Gregory HartmanExec. VP, Gen. Counsel, Sec. & Chief Risk OfficerN/AN/A1967
Amounts are as of 31 December 2020, 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. retails technology products in the United States, Canada, and Mexico. The company operates in two segments, Domestic and International. Its stores provide computing and mobile phones, such as computing and peripherals, e-readers, networking products, tablets, and wearables, as well as mobile phones comprising related mobile network carrier commissions; consumer electronics, including digital imaging, health and fitness, home theater, portable audio, and smart home products; and entertainment products consisting of drones, peripherals, movies, music, and toys, as well as gaming hardware and software, and virtual reality and other software products. The company's stores also offer appliances, such as dishwashers, laundry appliances, ovens, refrigerators, blenders, coffee makers, and vacuums; and other products, such as beverages, snacks, and sundry items, as well as baby products, luggage, and sporting goods. In addition, it provides services comprising consultation, design, delivery, installation, memberships, protection plans, repair, set-up, and technical support services, as well as connected health services for aging consumers. The company offers its products through stores and Websites under the BestBuy, Best Buy Express, Best Buy Mobile, Geek Squad, Best Buy Health, CST, GreatCall, Lively, Magnolia, Pacific Kitchen, Home, greatcall.com, bestbuy.ca and bestbuy.com.mx brands, as well as through mobile applications and call centers. As of February 1, 2020, it had approximately 1,175 large-format and 56 small-format stores. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota.

Corporate governance

Best Buy Co., Inc.’s ISS governance QualityScore as of 1 November 2019 is 1. The pillar scores are Audit: 1; Board: 2; Shareholder rights: 1; Compensation: 3.

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.