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Best Buy Co., Inc. (BBY)


NYSE - NYSE Delayed Price. Currency in USD
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53.96-2.21 (-3.93%)
At close: 4:00PM EDT
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Best Buy Co., Inc.

7601 Penn Avenue South
Richfield, MN 55423
United States
612-291-1000
http://www.bestbuy.com

SectorServices
IndustryElectronics Stores
Full Time Employees125,000

Key Executives

NameTitlePayExercisedAge
Mr. Hubert JolyChairman and Chief Exec. Officer4.55MN/A57
Ms. Corie BarryChief Financial Officer1.91M25.84k42
Mr. Keith J. NelsenGen. Counsel and Sec.1.52M867.59k53
Mr. R. Michael MohanChief Merchandising & Marketing Officer and Sr. Exec. VP2.42M3.52M49
Ms. Shari L. BallardSr. Exec. VP and Pres of Multichannel Retail & Operations2.33M2.72M51
Amounts are as of December 31, 2017 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. The company operates through two reportable segments, Domestic and International. Its stores provide consumer electronics, such as home theater, home automation, digital imaging, health and fitness, and portable audio products; computing and mobile phones, including computing and peripherals, networking, tablets, smart watches, and e-readers, as well as mobile phones comprising related mobile network carrier commissions; and entertainment products, such as gaming hardware and software, movie, music, technology toy, and other software products. The company’s stores also offer appliances, which include refrigeration and laundry appliances, dishwashers, ovens, coffee makers, blenders, etc.; and other products comprising snacks, beverages, and other sundry items. In addition, it provides services, such as consultation, design, delivery, installation, set-up, protection plan, repair, technical support, and educational services. The company offers its products through stores and Websites under the Best Buy, bestbuy.com, Best Buy Mobile, Best Buy Direct, Best Buy Express, Geek Squad, Magnolia Home Theater, Pacific Kitchen and Home, bestbuy.com.ca, and bestbuy.com.mx brand names, as well as through call centers. It has approximately 1,200 large-format and 400 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 July 1, 2017 is 5. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 6; Compensation: 5.

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 a 10 indicates higher governance risk.