– USA, MN – Best Buy Co., Inc. (NYSE: BBY) today announced the appointment of current Board member David Kenny as Chairman of its Board of Directors, to succeed Patrick Doyle who will retire at the expiration of term on June 12, 2024.
Concurrently, the company also announced that Eugene Woods will retire from the board, effective on June 12, 2024.
About David Kenny
David Kenny is the executive chairman of Nielsen and has been on the Best Buy Board since 2013. For more than 10 years, he has been an integral member of the Board and has provided thoughtful guidance that has contributed to the growth of Best Buy.
“The leadership at Best Buy, both within the company and on the Board, continues to prove why this organization is viewed as a leader in the retail industry,” said David Kenny. “I couldn’t be more appreciative of Patrick’s guidance and I am looking forward to taking on the chairman role.”
About Best Buy Co., Inc.
Best Buy is the world’s largest specialty consumer electronics retailer. Our purpose is to enrich lives through technology, which we do by providing our customers with a unique mix of advice, products, and services in our stores, online, and in homes. Our expert associates advise customers on our curated assortment of the latest, name-brand technology. At the same time, our highly trained service teams help with designs, consultations, delivery, installation, tech support, and repair. We are a leader in environmental, social, and governance issues, including through the Best Buy Foundation’s nationwide Best Buy Teen Tech Center® network and our significant role in the circular economy through repair, trade-in, and recycling programs. We generated over $43 billion of revenue in fiscal 2024, operate over 1,000 retail stores in North America, and have over 85,000 employees.
SOURCE: corporate.bestbuy.com
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