BBY - Best Buy Co., Inc.

NYSE - NYSE Delayed Price. Currency in USD

Best Buy Co., Inc.

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

SectorConsumer Cyclical
IndustrySpecialty Retail
Full Time Employees125,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Hubert JolyChairman & CEO5.92MN/A1959
Ms. Corie Sue BarryCFO & Chief Strategic Transformation Officer2.83M11.19k1975
Mr. Keith J. NelsenAdvisor1.97M3.42M1964
Mr. R. Michael MohanChief Operating Officer of Best Buy U.S.3.22M1.17M1968
Mr. Mathew Raymond WatsonSr. VP of Fin., Controller & Chief Accounting OfficerN/AN/A1971
Amounts are as of December 31, 2018 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 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, 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 Best Buy, bestbuy.com, Best Buy Direct, Best Buy Express, Best Buy Mobile, Geek Squad, GreatCall, Magnolia, Pacific Kitchen and Home, bestbuy.ca, and bestbuy.com.mx brand names, as well as through mobile applications and call centers. As of February 2, 2019, it had approximately 1,187 large-format and 51 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 April 1, 2019 is 2. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 4; 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 a 10 indicates higher governance risk.