Best Buy says it is seeking a new chief financial officer to replace James Muehlbauer. Muehlbauer, who joined Best Buy in 2002, became interim CFO in 2007 and was named to the post permanently the following year.
The Richfield-based consumer electronics giant said it will pay $500,000 in retention bonuses each to chief financial officer James Muehlbauer, international chief Shari Ballard, chief human resources officer Carol Surface and its U.S. president, Michael Vitteli, according to documents filed with th
Date: Jun 26, 2012
Category: Business
Source: Google
Best Buy 2Q profit falls, misses view, shares drop
"We anticipate a stronger line up of new handsets in the second half and continue to expect that this business will deliver its top line and profit goals for the year," said James Muehlbauer, Best Buy's CFO.