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Best Buy Co., Inc. (BBY)

NYSE - Nasdaq Real Time Price. Currency in USD
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66.77+1.58 (+2.42%)
At close: 04:00PM EDT
66.75 -0.02 (-0.03%)
After hours: 07:36PM EDT

Best Buy Co., Inc.

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

Sector(s)Consumer Cyclical
IndustrySpecialty Retail
Full Time Employees57,750

Key Executives

NameTitlePayExercisedYear Born
Ms. Corie Sue BarryCEO & Director6.03MN/A1975
Mr. Matthew M. BilunasExec. VP & CFO3.02MN/A1973
Ms. Kamy ScarlettExec. VP of HR & Best Buy Canada3.29M179.99k1964
Mr. Jason J. BonfigExec. VP & Chief Merchandising Officer2.48MN/A1977
Mr. Damien HarmonExec. VP of Omnichannel2.37MN/A1978
Mr. Richard M. SchulzeFounder & Chairman EmeritusN/AN/A1941
Mr. Mathew Raymond WatsonSr. VP of Fin., Controller & Chief Accounting OfficerN/AN/A1971
Mr. Brian A. TilzerChief Digital, Analytics & 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 December 31, 2022 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. retails technology products in the United States and Canada. The company operates in two segments, Domestic and International. Its stores provide computing 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, home theater, portable audio comprising headphones and portable speakers, and smart home products. The company's stores also offer appliances, such as dishwashers, laundry, ovens, refrigerators, blenders, coffee makers, and vacuums; entertainment products consisting of drones, peripherals, movies, music, and toys, as well as gaming 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 consultation, delivery, design, health-related, installation, memberships, repair, set-up, technical support, 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, CST, Current Health, Geek Squad, Lively, Magnolia, Best Buy Mobile, Pacific Kitchen, Home, and Yardbird, as well as domain names bestbuy.com, currenthealth.com, lively.com, yardbird.com, and bestbuy.ca. As of January 30, 2022, it had 1,144 stores. The company was formerly known as Sound of Music, Inc. The company was incorporated in 1966 and is headquartered in Richfield, Minnesota.

Corporate Governance

Best Buy Co., Inc.’s ISS Governance QualityScore as of July 1, 2022 is 1. The pillar scores are Audit: 8; Board: 1; Shareholder Rights: 1; Compensation: 6.

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.