Name: Best Buy Names Corie Barry New CEO
Uploaded: 2019-04-15
Duration: 49 s
Description: She replaces Hubert Joly.

Best Buy Names Corie Barry New CEO

Best Buy CFO Corie Barry will succeed Hubert Jolly as CEO as Jolly shifts into a new role as executive chairman of the board. Barry, who has been with the electronics retailer for two decades, has also served as chief strategic growth officer and chief strategic transformation officer. She'll become Best Buy, his first female CEO on June 11th, with Jolly set to advise her on mergers and acquisitions, among other concerns. Jolly has been credited with transforming Best Buy when it was on the verge of becoming obsolete, thanks to increase e commerce efforts and technical support offerings, including in home help for complex installations. Under his watch, the company's market capitalization has reached nearly $20 billion at President. Barry is set to become the Fortune five hundred's 30th female CEO, and she takes on her new role.