HotmailBest Buy CEO makes $19.6M in difficult year
The CEO of Best Buy, turnaround expert Hubert Joly, earned compensation worth $19.6 million in his five months on the job in 2012. Full story
The CEO of Best Buy, turnaround expert Hubert Joly, earned compensation worth $19.6 million in his five months on the job in 2012. Full story
NEW YORK (Reuters) - Prospects of Best Buy Co <BBY.N> going private ended on Friday when the retailer's founder failed to strike a buyout deal with management, leaving the fate of the world's largest consumer electronics chain in the hands of CEO Hubert Joly and his turnaround plan. Full story
(Reuters) - Best Buy Co Inc <BBY.N> is aiming to achieve operating margin of 5 percent to 6 percent over time, the company said on Tuesday, though investors and analysts were left wanting for details on how - and how soon - the new chief executive would turn around the world's largest consumer Full story
Hubert Joly, CEO of Best Buy, offers insight on the company's major overhaul.
(Reuters) - Best Buy Co Inc <BBY.N> hopes to triple its operating margins over time, the company said on Tuesday, though investors and analysts were left wanting for details on how - and how soon - the new chief executive would turn around the world's largest consumer electronics chain. Full story
In a tightly-controlled call lasting 40 minutes, interim CEO Mike Mikan told investors the firm faces significant challenges, adding that new CEO Hubert Joly is just what the company needs, reports CNBC's Mary Thompson.
Hubert Joly, President and Chief Executive Officer of Carlson, speaks during the 2010 Reuters Travel and Leisure Summit in New York in this file photo taken February 23, 2010. Best Buy Co Inc named French businessman Hubert Joly, former head of travel company Carlson, as chief executive on Monday,
Hubert Joly, President and CEO of Best Buy, sits in the Reuters Television studio after an interview, in New York, November 14, 2012. REUTERS/Chip East (UNITED STATES - Tags: BUSINESS)
