Monday, May 14, 2012

Best Buy founder / chairman steps down after investigation

Best Buy founder / chairman steps down after investigation

Yet more fallout in the case of Best Buy CEO Brian Dunn's sudden resignation last month. Some more light has been shed on those aforementioned "certain issues" we heard about, and now an internal investigation has led to the exit of the big box retailer's founder Richard Schulze as chairman of the board. Schulze will be replaced by Hatim Tyabji, who has served as the CEO of Bytemobile and as chairman of the Best Buy's audit committee. The transfer will occur after the company's annual meeting on June 21, 2012.

Engadget, Best Buy founder / chairman steps down after investigation

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