People: Best Buy Co Inc (BBY)

BBY on New York Consolidated

33.12USD
23 Oct 2014
Price Change (% chg)

-- (--)
Prev Close
$33.12
Open
--
Day's High
--
Day's Low
--
Volume
6,500
Avg. Vol
5,473,870
52-wk High
$44.66
52-wk Low
$22.15

Search Stocks

Summary

Name Age Since Current Position

Hatim Tyabji

69 2012 Independent Chairman of the Board

Hubert Joly

54 2012 President, Chief Executive Officer, Director

Sharon McCollam

51 2013 Chief Financial Officer, Chief Administrative Officer

Christopher Askew

51 President, Services

Mary Kelley

2014 President, e-Commerce

Shari Ballard

47 2014 Chief Human Resource Officer and President, US Retail

Keith Nelsen

50 2013 General Counsel, Secretary

Matt Furman

Chief Communications and Public Affairs Officer

R. Michael Mohan

46 2014 Chief Merchandising Officer

Bradbury Anderson

65 2013 Independent Director

Lisa Caputo

50 2009 Independent Director

Russell Fradin

37 2013 Independent Director

Kathy Higgins Victor

57 1999 Independent Director

David Kenny

52 2013 Independent Director

Sanjay Khosla

62 2008 Independent Director

Allen Lenzmeier

70 2013 Independent Director

Thomas Millner

60 2014 Independent Director

Gerard Vittecoq

65 2008 Independent Director

Mollie Obrien

2014 Senior Director of Investor Relations

Biographies

Name Description

Hatim Tyabji

Mr. Hatim A. Tyabji is Independent Chairman of the Board of Best BUY Co Inc. He is Executive chairman of Bytemobile, Inc., a wireless Internet infrastructure provider (2001-2012); Chairman and Chief Executive Officer of Saraide, Inc., a provider of Internet and wireless data services (1998-2000); Chairman and Chief Executive Officer of VeriFone, Inc., a global transaction automation enterprise (1986-1998). With a decades-long record of founding, leading or revitalizing technology companies, Mr. Tyabji epitomizes Best Buy’s commitment to business transformation and highlights its focus on e-commerce. Most notably, during his time as Chairman and Chief Executive Officer of VeriFone, the company’s annual revenues grew from $31.2 million to $600 million and it merged with Hewlett-Packard in a $1.4 billion transaction. He is a visionary in combining wireless communications and the Internet and, in the late 1990s, was instrumental in leading the next phase of the mobile internet revolution, enabling the world’s leading carriers to deliver video, web and application services to billions of subscribers, with groundbreaking technologies. He continues to be active in this work as Chairman of Jasper Wireless and on the boards of Touch Networks and the Missile Defense Advocacy Alliance. Mr. Tyabji holds degrees from the College of Engineering in Poona, India, from the State University of New York, Buffalo, and from Syracuse University.

Hubert Joly

Mr. Hubert Joly is President, Chief Executive Officer, Director of Best Buy Co Inc. Mr. Joly has a strong reputation as a turnaround and transformation expert, having begun his corporate career leading the struggling French division of Electronic Data Systems. In his three years with EDS, the company reversed its revenue slide, going from 1.3 billion French Francs to 2.1 billion, while significantly increasing profit margin. At Vivendi Universal, he helped lead the restructuring and growth of the company’s video game business, followed by the restructuring of the company itself. Prior to joining Best Buy, Mr. Joly was Chief Executive Officer of Carlson, where he led a renaissance across all its businesses, including its restaurant and hotel divisions. Before becoming Carlson’s Chief Executive Officer, he led a subsidiary unit, Carlson Wagonlit Travel, growing its sales from $8 to $25 billion in four years. Mr. Joly serves on the boards of Ralph Lauren Corp., the Retail Industry Leaders Association, the Minnesota Business Partnership and as chair of the Minneapolis Institute of Arts. He began his career with McKinsey and Company, where he was a partner.

Sharon McCollam

Ms. Sharon L. McCollam is Chief Financial Officer, Chief Administrative Officer of Best Buy Co Inc. Ms. McCollam was previously executive vice president, chief operating and chief financial officer of Williams-Sonoma Inc., a premier specialty retailer of home furnishings, from July 2006 until her retirement in March 2012. At Williams-Sonoma, she was responsible for the long-term strategic planning activities of the company and oversaw multiple key functions, including global finance, treasury, investor relations, information technology, real estate, store development, corporate operations and human resources. Ms. McCollam also held various executive leadership roles, including principal accounting officer, at Williams-Sonoma from March 2000 to July 2006. Prior to her time at Williams-Sonoma, Ms. McCollam served as chief financial officer of Dole Fresh Vegetables Inc. from 1996 to 2000 and in various other finance-related leadership positions at Dole Food Company Inc., a producer and marketer of fresh fruit and vegetables, from 1993 until 1996. Ms. McCollam serves as a member of the board of directors for Sutter Health, a nonprofit network of hospitals and doctors in Northern California (since January 2012), and Art.com, an online specialty art retailer (since July 2012). Ms. McCollam previously served as a member of the board of directors of OfficeMax Incorporated from July thru December 2012, Williams-Sonoma from 2010 until March 2012, and Del Monte Foods Company from 2007 until 2011. Ms. McCollam is a graduate of the University of Central Oklahoma and is a Certified Public Accountant.

Christopher Askew

Mr. Christopher J. Askew is President, Services of Best Buy Co Inc. In this capacity, Askew and his team are responsible for the Geek Squad, a 20,000 employee tech support task force, and other Best Buy enterprise services that enable clients to take full advantage of their technology at work and at home. Askew is a proven leader with extensive global experience and the demonstrated ability to manage and grow large, complex organizations. He joined Best Buy in July 2013 from NCR, where as senior vice president of Global Services, he directed service delivery, and ensured the profitability and quality of the customer experience for this $2.3 billion business. Askew also brings an extensive career in the computing industry to Best Buy, with positions as senior vice president of Global Services for Lenovo; vice president of Dell Services Asia-Pacific and Japan; vice president/general manager of Compaq Customer Services for the U.S. and Asia-Pacific; and multiple officer roles at Tandem Computers in the Asia-Pacific and Europe markets.

Mary Kelley

Ms. Mary Lou Kelley is President, e-Commerce of Best Buy Co Inc. In this role, Kelley leads BestBuy.com, the world’s 10th largest online retailer, along with the company’s overall digital strategy to advance Best Buy’s global e-commerce vision, retail omni-channel capabilities and online business. She is responsible for all of Best Buy’s global e-commerce channels, including BestBuy.com and mobile commerce. Ms. Kelley has extensive experience in retail e-commerce. Prior to joining Best Buy, she was the Senior Vice President E-commerce for Chico’s FAS where she was responsible for the direct-to-consumer business for its three brands, Chico’s, White House Black Market and Soma Intimates. Ms. Kelley holds a B.A. in Economics from Boston College and an M.B.A from the Darden Graduate School of Business at the University of Virginia, where she serves as a member of the Corporate Board of Advisors.

Shari Ballard

Ms. Shari L. Ballard serves as Chief Human Resource Officer and President, US Retail of Best Buy Co Inc. In her dual role, Ballard is responsible for the end-to-end operations and execution of all U.S. Best Buy stores, as well as overseeing talent development and the health and wellbeing of the more than 140,000 Best Buy employees worldwide. Ballard is a seasoned executive with deep retail experience. After graduating with a bachelor’s degree from the University of Michigan-Flint, She was hired in 1993 to work in a Best Buy store, beginning as an assistant store manager and rising to general manager. Following her store tenure, Ballard had a variety of roles including head of Human Resources in the stores, executive vice president of Human Resources and Legal, eventually expanding to head of bestbuy.com and the Company’s customer service call centers. In 2007, Ballard assumed responsibility for Best Buy stores in the United States, focusing her energies on deepening customer relationships and better utilizing the full range of talent and resources that reside within the company’s U.S. retail stores to drive growth for Best Buy. She was promoted to president of Americas, U.S. and Mexico in 2010 and two years later, she was appointed president of international, overseeing business and the transformation efforts in China, Canada and Mexico. In 2013, she took on a new role as chief human resources officer, a position allowing her to leverage her broad experience, expertise and knowledge of the Company and its employees.

Keith Nelsen

Mr. Keith J. Nelsen is General Counsel, Secretary of Best Buy Co Inc. In this role, he manages our enterprise legal and risk management functions, as well as acts as Secretary to our Board of Directors. Previously, in addition to his current role, he also served as Chief Risk Officer from 2012 to 2013. He was appointed Executive Vice President, General Counsel in May 2011 and Secretary of the Company in June 2011 and served as Senior Vice President, Commercial and International General Counsel from 2008 until his current appointment. Mr. Nelsen joined Best Buy in 2006 as Vice President, Operations and International General Counsel. Prior to joining us, he worked at Danka Business Systems PLC, an office products supplier, from 1997 to 2006 and served in various roles, including chief administration officer and general counsel. Prior to his time at Danka, Mr. Nelsen held the role of vice president, legal from 1995 to 1997 at NordicTrack, Inc., a provider of leisure equipment products. Mr. Nelsen began his career in 1989 as a practicing attorney with Best and Flanagan, LLP, a law firm located in Minneapolis, Minnesota. Mr. Nelsen is a member of the board of directors of NuShoe, Inc., a privately held shoe repair facility in San Diego, California.

Matt Furman

Mr. Matt Furman is Chief Communications and Public Affairs Officer of Best Buy Co Inc. Furman ensures that Best Buy’s great story — where it’s been, where it’s going and how it’s going to get there — is told with consistency, clarity and passion, and that it is heard by the people who matter most to the company’s ongoing success. In this role, Furman oversees employee communications, public relations, executive communications, government affairs, corporate responsibility and community relations. Furman joined Best Buy in 2012 and is a member of the company’s executive management team. Prior to Best Buy, Furman was the vice president of corporate affairs at Mars Chocolate, the world’s largest chocolate company and the manufacturer of such iconic brands as Snickers, M&M’s and Dove. Before joining the chocolate business, he held leading communications positions at Google and CNN. He also held senior communications roles in the administration of former New York City Mayor Rudy Giuliani and former President Bill Clinton. Furman has his juris doctor from the American University School of Law and holds a bachelor’s degree from the State University of New York at Binghamton. He is admitted to practice law in several jurisdictions, including before the U.S. Supreme Court.

R. Michael Mohan

Mr. R. Michael Mohan is Chief Merchandising Officer of Best Buy Co Inc. In this role, he manages the category management and merchandising functions for our U.S. business, including our category growth strategies, vendor relationships, private label business and assortment. Previously, Mr. Mohan served as President, Home since June 2013 until his current appointment; Senior Vice President, General Manager – Home Business Group from 2011 to June 2013; Senior Vice President, Home Theatre from 2008 to 2011; and Vice President, Home Entertainment from 2006 to 2008. Prior to joining Best Buy in 2004 as Vice President, Digital Imaging, Mr. Mohan was vice president and general merchandising manager for Good Guys, an audio/video specialty retailer in the western United States. Mr. Mohan also previously worked at Future Shop in Canada from 1988 to 1997, prior to our acquisition of the company, where he served in various merchandising roles. Mr. Mohan serves as a member of the board of directors for Consumer Electronics Association Board of Industry Leaders and was appointed as a trustee to Boys & Girls Club of America in March 2014.

Bradbury Anderson

Mr. Bradbury H. Anderson is Independent Director of Best Buy Co Inc. He was Chief Executive Officer of Best Buy Co., Inc. (2002-2009); President and Chief Operating Officer of Best Buy Co., Inc. (1991-2002). Mr. Anderson provides the perspective of a longtime Best Buy leader and an influential voice who has also shaped other highly regarded service organizations. He was Chief Executive Officer of Best Buy for seven years, having previously served as President and Chief Operating Officer. Having worked at Best Buy for more than 35 years, Mr. Anderson has deep insights into the company, its culture and its role in consumer electronics marketplace. That expertise is vital in supporting Best Buy’s mission of being the leading authority and destination for consumer electronics products and services. Mr. Anderson also serves on the board of General Mills, Inc., Carlson Inc., Lighthaus Logic, a retail customer intelligence company; and Waste Management Inc. Those companies have a strong record of leveraging their unique assets to create significant differentiation, which is one of the goals of Renew Blue. Mr. Anderson holds a degree from the University of Denver.

Lisa Caputo

Ms. Lisa M. Caputo is Independent Director of Best BUY Co Inc. She is Executive Vice President and Chief Marketing and Communications Officer of The Travelers Companies, Inc., a property casualty insurer (2011-present); Managing Director and Senior Banker of the Public Sector Group of the Institutional Clients Group of Citigroup, Inc. (a financial services company (2010-2011); Global Chief Marketing Officer and Executive Vice President of Citigroup, Inc. (2007-2010). Ms. Caputo’s position as Executive Vice President of Marketing and Communications of The Travelers Companies makes her invaluable to Best Buy’s efforts to broaden its brand, rejuvenate the customer experience and transform its marketing efforts. She also spent 11 years at Citigroup, advising three chief executive officers on topics from marketing and communications to government affairs and community relations. Ms. Caputo has an exceptional track record of enhancing corporate social responsibility and employee engagement, key components of Best Buy’s Renew Blue initiative. She has also been a senior executive at the Walt Disney Company and at the CBS Corporation, and spent more than a decade in the public sector, serving as Deputy Assistant to President Bill Clinton and Press Secretary to First Lady Hillary Rodham Clinton. Ms. Caputo’s diverse public/private background lends an important voice to the Board deliberations, particularly those that involve the Company’s Renew Blue marketing initiatives. Ms. Caputo holds degrees from Brown University

Russell Fradin

Mr. Russell P. Fradin is Independent Director of Best Buy Co., Inc. He is Chief Executive Officer and President of SunGard, a leading software and technology services company (2011-present); Chairman and Chief Executive Officer of AonHewitt, a global provider of human resources consulting and outsourcing solutions (2010-2011); Chief Executive Officer of Hewitt Associates (2006-2010); President and Chief Executive Officer of The BISYS Group, Inc., a provider of outsourcing solutions for the financial services sector (2004-2006). With a 20-year career running some of the country’s leading services business, Mr. Fradin is in an ideal position to offer Best Buy’s executive team insight into the company’s efforts to rejuvenate its Geek Squad services business. At the same time, Mr. Fradin’s former role leading Hewitt Consulting and, ultimately, Aon Hewitt brings to the Best Buy Board of Directors a high degree of expertise regarding the Company’s Renew Blue transformation efforts, particularly those related to streamlining operations, reducing expenses and executive compensation and retention. Earlier in his career, Mr. Fradin ran the Global Employer Services business of Automatic Data Processing, Inc., where he nearly doubled revenues, significantly improved margins and diversified that business’s operations. He began his professional career at McKinsey and Company where, over 18 years, he rose to become a senior partner, specializing in offering Fortune 500 clients advice on new product and services innovations. Mr. Fradin holds a degree from the Wharton School of the University of Pennsylvania and from Harvard University.

Kathy Higgins Victor

Ms. Kathy J. Higgins Victor is Independent Director of Best BUY Co Inc. She is a President and Founder of Centera Corporation, an executive development and leadership coaching firm (1994-present); Senior Vice President of Human Resources at Northwest Airlines, Inc., a global commercial airline now merged with Delta Air Lines (1991-1994). Ms. Higgins Victor, Founder and President of Centera Corporation, an executive development and leadership coaching firm, brings unmatched leadership to Best Buy’s goal of developing and retaining the industry’s best talent. She has extensive experience in executive development, human resources and succession planning. She led the Board’s efforts to recruit Company CEO, Hubert Joly, as well as several recent directors. Ms. Higgins Victor brings a global business perspective, having held international roles with Northwest Airlines, Inc. (now Delta Air Lines), where she was responsible for executive compensation, employee benefits and labor relations. Because of her expertise in corporate governance, organizational change management and global human resources, Best Buy relies on Ms. Higgins Victor to offer insight regarding its Renew Blue goal of building foundational capabilities necessary to unlock future growth strategies. This experience comes from a 30-year career advising senior executives among Fortune 100 companies. Ms. Higgins Victor holds a degree from the University of Avila.

David Kenny

Mr. David W. Kenny has been appointed as Independent Director of Best Buy Co., Inc., effective September 27, 2013. He is Chairman and Chief Executive Officer of The Weather Company, a leading provider of weather forecasts and information (2012-present); President of Akamai, a leading cloud platform technology company (2011-2012); Managing Partner of VivaKi, a provider of integrated strategy, technology and marketing solutions for internet-based ecommerce companies (2006-2010); Founder and Chief Executive Officer of Digitas, Inc., which was later merged with VivaKi (1997-2006). Mr. Kenny has an impressive track record of transforming companies, a valuable asset for Best Buy’s business imperatives. As Chairman and Chief Executive Officer of The Weather Company, which includes The Weather Channel and weather.com, Mr. Kenny has helped turn that organization into a media heavyweight that produces television programming, develops apps, publishes content and uses analytics to connect businesses to consumers through weather and climate-related content. Mr. Kenny uses those consumer centric and strategic skills to support Best Buy’s transformation efforts, including its goal of capturing online share and serving customers based on how, where, and when they want to be served. Mr. Kenny’s online leadership dates to 1997, when he founded Digitas, Inc., a provider of technology and marketing solutions for e-commerce and multi-channel companies. He has also served on the board of directors of The Corporate Executive Board, Akamai Technologies and Yahoo, where he played an essential role in that company’s transformation with the hiring of its current chief executive officer. Mr. Kenny holds degrees from the GM Institute (now Kettering University) and Harvard University.

Sanjay Khosla

Mr. Sanjay Khosla is Independent Director of Best BUY Co Inc. He is Senior Fellow at Kellogg School of Management, Northwestern University (2013-present); Senior Advisor to Boston Consulting Group, a global management consulting firm advising on business strategy (2013-present); President of Developing Markets of Mondelcz International, a global snacking and food brands company formerly of Kraft Foods, Inc. (2012-2013); Executive Vice President and President of Developing Markets at Kraft Foods, Inc., an international food and beverage company (2007-2012); Managing Director of Fonterra Co-operative Group Ltd., a multi-national dairy company based in New Zealand (2004-2006). With Best Buy’s transformation underway, Mr. Khosla provides deep experience in multi-national operations and transformational leadership. His deep knowledge of branding and consumer marketing is a great benefit to Best Buy, particularly in its Renew Blue merchandising and marketing initiatives. As President, Sanjay transformed Kraft developing markets from a $5 billion business to a $16 billion business in 6 years, while improving profitability by 50%. His leadership portfolio also includes a 27-year career with Unilever PLC, where he had a range of marketing and general management positions, giving him a deep understanding of consumer shopping behaviors. Mr. Khosla holds a degree from Indian Institute of Technology.

Allen Lenzmeier

Mr. Allen U. Lenzmeier is Independent Director of Best Buy Co Inc. He was Vice-Chairman of Best Buy Co., Inc. (2004-2009); President and Chief Operating Officer of Best Buy Co., Inc. (2002-2004); President of Retail Stores of Best Buy Co., Inc. (2001-2002); Executive Vice President and Chief Financial Officer of Best Buy Co., Inc. (1991-2001). Mr. Lenzmeier served Best Buy in various leadership capacities for more than 25 years, including President and Chief Operating Officer and President of Best Buy Retail Stores. His extensive retail experience and company knowledge are crucial to Renew Blue efforts, as are his organizational skills and expertise in operational performance and merchandising. At different points in the Company’s history, Mr. Lenzmeier played a critical role in guiding Best Buy through periods of great change, some of which are similar in scope to the current Renew Blue transformation. He currently serves on the boards of Envoy Medical Corp., a medical device company, and American TeleCare Inc., a tele-health industry company, as well as the Twin Cities branch of the Boys and Girls Clubs of America and the Minnesota Orchestra Association. He is also a trustee for the Pacer organization and previously served on the board of UTStarcom, Inc., a network solution company. Mr. Lenzmeier holds a degree from Minnesota State University.

Thomas Millner

Mr. Thomas L. Millner is Independent Director of Best Buy Co., Inc. He is President and Chief Executive Officer of Cabela’s, Inc., a leading omni-channel retailer of hunting, fishing and camping products (2009-present); President and Chief Executive Officer of Freedom Group, Inc. and its successor company, Remington Arms Company, Inc., a firearms and ammunition manufacturer (1999-2009). As the President and Chief Executive Officer of Cabela’s, Inc., Mr. Millner is a prominent presence in multi-channel retail. As the Chief Executive Officer of North America’s foremost outdoors retailer, Mr. Millner brings to the Best Buy board expertise in support of the Company’s Renew Blue strategic priorities, particularly those concerning effective merchandizing and multi-channel operations. He has experience leading a specialty retailer through a transformation; when he joined Cabela’s, the company’s market capitalization hovered near $500 million; five years later, it exceeded $5 billion. Before leading that remarkable growth, Mr. Millner was President and Chief Executive Officer of Remington Arms Company. Earlier in his career he was Chief Executive Officer and President of Pilliod Cabinet and held various leadership positions at Broyhill Furniture and Thomasville Furniture. Experience gained throughout his career complements Best Buy’s strategy for enhanced personalized consumer marketing. Mr. Millner has served on many non-profit boards and is a director and member of the Executive Committee of United States Sportsmen's Alliance and a director of Cabela's Outdoor Fund. Mr. Millner holds a degree from Randolph Macon College.

Gerard Vittecoq

Mr. Gerard R. Vittecoq is Independent Director of Best Buy Co Inc. Mr. Vittecoq is Group President and Executive Office Member of Catepillar, Inc., a manufacturer of construction and mining equipment (2004-2013); Vice President overseeing Europe-Africa-Middle East Product Development and Operations division of Catepillar, Inc. (2001-2004); Managing Director of Catepillar Belgium S.A. (1997-2001). Mr. Vittecoq’s global perspective and international business acumen are invaluable as the Company works to transform its business and improve operational efficiencies. As a Group President of Caterpillar, Inc., he was responsible for the development and implementation of Lean manufacturing, an effort that drove meaningful results for Caterpillar. Before he retired in 2013, Mr. Vittecoq led a strategic initiative to deliver world-class results for the company, focusing on customer expectations and driving competitive advantage, two elements crucial to Best Buy’s transformation. He is an innovator when it comes to supply chain and logistics and brings that creative, world-view thinking to Best Buy. Mr. Vittecoq serves on a variety of boards including the Swiss-American Chamber of Commerce and the Arteres Foundation of Geneva, Switzerland. He is an executive member of the World Business Council for Sustainable Development and a member of the Evian Group: Free Trade Think Tank. Mr. Vittecoq holds degrees from Ecole Superieure de Commerce in France and Laval University in Canada.

Mollie Obrien

Basic Compensation

Options Compensation

Search Stocks