1/27/2009 3:03:00 PM
Brian Dunn is set to assume Best Buy CEO position
Brian Dunn is set to become CEO of Best Buy in June this year as current CEO Brad Anderson steps down to retire.
Dunn has been at the company for 23 years starting as a shop floor employee in 1985 when the company was only 12 shops strong. His promotion to CEO had been in the pipeline for some time.
Current CEO Anderson will continue in the company as vice chairman of the board of directors beyond June to ensure a smooth transition.
Anderson said: ‘Brian has helped breed a fierce company loyalty among Best Buy employees. He also has fostered an organisational ability to adapt to change quickly and positively. Those will be tremendous assets for him as he assumes the role of CEO.’