Best Buy Management

Management criteria checks 3/4

Best Buy's CEO is Corie Barry, appointed in Jun 2019, has a tenure of 5.42 years. total yearly compensation is $14.44M, comprised of 9.2% salary and 90.8% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth €32.09M. The average tenure of the management team and the board of directors is 5.5 years and 6 years respectively.

Key information

Corie Barry

Chief executive officer

US$14.4m

Total compensation

CEO salary percentage	9.2%
CEO tenure	5.4yrs
CEO ownership	0.2%
Management average tenure	5.5yrs
Board average tenure	6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Corie Barry's remuneration changed compared to Best Buy's earnings?
Date	Total Compensation	Salary	Company Earnings
Nov 02 2024	n/a	n/a	US$1b
Aug 03 2024	n/a	n/a	US$1b
May 04 2024	n/a	n/a	US$1b
Feb 03 2024	US$14m	US$1m	US$1b
Oct 28 2023	n/a	n/a	US$1b
Jul 29 2023	n/a	n/a	US$1b
Apr 29 2023	n/a	n/a	US$1b
Jan 28 2023	US$13m	US$1m	US$1b
Oct 29 2022	n/a	n/a	US$2b
Jul 30 2022	n/a	n/a	US$2b
Apr 30 2022	n/a	n/a	US$2b
Jan 29 2022	US$16m	US$1m	US$2b
Oct 30 2021	n/a	n/a	US$3b
Jul 31 2021	n/a	n/a	US$3b
May 01 2021	n/a	n/a	US$2b
Jan 30 2021	n/a	n/a	US$2b
Oct 31 2020	n/a	n/a	US$2b
Aug 01 2020	n/a	n/a	US$2b
May 02 2020	n/a	n/a	US$1b
Feb 01 2020	US$11m	US$1m	US$2b
Nov 02 2019	n/a	n/a	US$2b
Aug 03 2019	n/a	n/a	US$2b
May 04 2019	n/a	n/a	US$2b
Feb 02 2019	n/a	n/a	US$1b
Nov 03 2018	n/a	n/a	US$1b
Aug 04 2018	n/a	n/a	US$1b
May 05 2018	n/a	n/a	US$1b
Feb 03 2018	US$5m	US$764k	US$999m

Compensation vs Market: Corie's total compensation ($USD14.44M) is above average for companies of similar size in the German market ($USD4.74M).

Compensation vs Earnings: Corie's compensation has been consistent with company performance over the past year.

CEO

Corie Barry (49 yo)

5.4yrs

Tenure

US$14,443,881

Compensation

Ms. Corie Sue Barry has been the Chief Executive Officer and Director at Best Buy Co., Inc. since June 11, 2019. Ms. Barry served as Chief Financial Officer at Best Buy Co., Inc. from 2016 to June 11, 2019...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Corie Barry	CEO & Director	5.4yrs	US$14.44m	0.17% € 32.1m
Matthew Bilunas	Senior Executive VP of Enterprise Strategy & CFO	5.3yrs	US$5.01m	0.043% € 8.1m
Todd Hartman	General Counsel	5.6yrs	US$3.11m	0.017% € 3.3m
Kamy Scarlett	Senior Executive VP of Human Resources	7.4yrs	US$4.58m	0.036% € 6.8m
Damien Harmon	Senior Executive VP of Customer	4.5yrs	US$2.93m	0.023% € 4.3m
Richard Schulze	Founder & Chairman Emeritus	no data	US$69.13k	7.28% € 1.4b
Mathew Watson	Senior VP	10.6yrs	no data	0.0094% € 1.8m
Brian Tilzer	Executive VP and Chief Digital	6.5yrs	US$2.54m	0.0077% € 1.5m
Mollie O'Brien	Vice President of Investor Relations	no data	no data	no data
Keri Grafing	Chief Compliance Officer	4.1yrs	no data	no data
Jeff Haydock	Chief Communications & Public Affairs Officer	2.8yrs	no data	no data
Ron Wilson	President of International	11.7yrs	no data	no data

5.5yrs

Average Tenure

53yo

Average Age

Experienced Management: BUY's management team is seasoned and experienced (5.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Corie Barry	CEO & Director	5.4yrs	US$14.44m	0.17% € 32.1m
Richard Schulze	Founder & Chairman Emeritus	12.4yrs	US$69.13k	7.28% € 1.4b
David Kenny	Independent Chairman	11.2yrs	US$315.05k	0% € 0
Steven Rendle	Independent Director	3.7yrs	US$295.05k	0% € 0
Lisa Caputo	Independent Director	14.9yrs	US$315.05k	0.0047% € 888.5k
Richelle Parham	Independent Director	6.7yrs	US$295.05k	0% € 0
Claudia Munce	Independent Director	8.7yrs	US$295.05k	0% € 0
David Kimbell	Independent Director	1.3yrs	US$245.61k	0% € 0
Karen McLoughlin	Independent Director	9.2yrs	US$315.05k	0% € 0
Melinda Whittington	Independent Director	1.7yrs	US$327.87k	0.000060% € 11.4k
Mario Marte	Independent Director	3.8yrs	US$310.71k	0% € 0
Sima Sistani	Independent Director	1.7yrs	US$327.87k	0% € 0

6.0yrs

Average Tenure

58yo

Average Age

Experienced Board: BUY's board of directors are considered experienced (6 years average tenure).

Best Buy Management

Management criteria checks 3/4

Key information

Recent management updates

Founder & Chairman Emeritus recently sold €81m worth of stock

Founder & Chairman Emeritus recently sold €153m worth of stock

Best Buy Co., Inc., Annual General Meeting, Jun 12, 2024

CEO & Director recently sold €2.1m worth of stock

Best Buy Announces Board Changes, Effective on June 12, 2024

Founder & Chairman Emeritus recently sold €7.8m worth of stock

Recent updates

Best Buy Co., Inc. Announces Regular Quarterly Cash Dividend, Payable on January 7, 2025

Second quarter dividend of US$0.94 announced

Second quarter 2025 earnings released: EPS: US$1.35 (vs US$1.25 in 2Q 2024)

Investor sentiment improves as stock rises 19%

Best Buy Co., Inc. Provides Earnings Guidance for the Third Quarter and Fiscal Year 2025

Founder & Chairman Emeritus recently sold €81m worth of stock

Upcoming dividend of US$0.94 per share

Best Buy Canada Introduces Teen Tech for Tomorrow

Founder & Chairman Emeritus recently sold €153m worth of stock

Johnson // Becker, PLLC Files Lawsuit in Minnesota Federal Court for the District of Minnesota Against Best Buy Co., Inc. and Midea America Corp

First quarter 2025 earnings released: EPS: US$1.14 (vs US$1.12 in 1Q 2024)

Fourth quarter dividend of US$0.94 announced

Investor sentiment improves as stock rises 18%

Best Buy Co., Inc. Declares Regular Quarterly Cash Dividend, Payable on July 11, 2024

Best Buy Co., Inc., Annual General Meeting, Jun 12, 2024

CEO & Director recently sold €2.1m worth of stock

Upcoming dividend of US$0.94 per share

Best Buy Announces Board Changes, Effective on June 12, 2024

Fourth quarter dividend of US$0.94 announced

Full year 2024 earnings released: EPS: US$5.70 (vs US$6.31 in FY 2023)

Best Buy Co., Inc. Declares Regular Quarterly Cash Dividend, Payable on April 11, 2024

Founder & Chairman Emeritus recently sold €7.8m worth of stock

Best Buy Co., Inc. Appoints Sima D. Sistani as Director and to Compensation and Human Resources Committee

Founder & Chairman Emeritus recently sold €14m worth of stock

Upcoming dividend of US$0.92 per share at 5.0% yield

Third quarter 2024 earnings released: EPS: US$1.21 (vs US$1.23 in 3Q 2023)

Best Buy Co., Inc. Declares Regular Quarterly Cash Dividend, Payable on January 2, 2024

Executive VP recently sold €851k worth of stock

Best Buy Co., Inc. Appoints David C. Kimbell to its Compensation and Human Resources Committee and its Finance and Investment Policy Committee

Upcoming dividend of US$0.92 per share at 5.0% yield

Second quarter 2024 earnings released: EPS: US$1.25 (vs US$1.36 in 2Q 2023)

Best Buy Co., Inc. Provides Earnings Guidance the Third Quarter of 2024

Best Buy Appoints Dave Kimbell to Board of Directors

Founder & Chairman Emeritus recently sold €3.8m worth of stock

Upcoming dividend of US$0.92 per share at 4.9% yield

CEO & Director recently sold €1.2m worth of stock

First quarter 2024 earnings released: EPS: US$1.12 (vs US$1.50 in 1Q 2023)

Best Buy Co., Inc. Announces Quarterly Cash Dividend , Payable on July 6, 2023

Executive Vice President of Omnichannel recently sold €366k worth of stock

Insider recently sold €794k worth of stock

Upcoming dividend of US$0.92 per share at 4.9% yield

Insider recently sold €738k worth of stock

Full year 2023 earnings released: EPS: US$6.31 (vs US$9.94 in FY 2022)

Executive Vice President of Omnichannel recently sold €188k worth of stock

Upcoming dividend of US$0.88 per share

Third quarter 2023 earnings released: EPS: US$1.23 (vs US$2.03 in 3Q 2022)

Best Buy Co., Inc. Announces Regular Quarterly Cash Dividend, Payable on January 3, 2023

Chief Human Resources Officer recently sold €1.4m worth of stock

Executive Vice President of Omnichannel recently sold €100k worth of stock

Upcoming dividend of US$0.88 per share

Second quarter 2023 earnings released: EPS: US$1.36 (vs US$2.93 in 2Q 2022)

Best Buy Co., Inc. Provides Sales Guidance for the Third Quarter and Fiscal Year 2023

Executive VP & CFO recently sold €70k worth of stock

Executive VP & CFO recently sold €70k worth of stock

Best Buy Co., Inc. to Report Q2, 2023 Results on Aug 30, 2022

Best Buy Co., Inc. Provides Earnings Guidance for the Second Quarter of Fiscal Year 2023

CEO & Director recently sold €295k worth of stock

Upcoming dividend of US$0.88 per share

Founder & Chairman Emeritus recently bought €19m worth of stock

Best Buy Co., Inc. Announces Regular Quarterly Dividend, Payable on July 5, 2022

First quarter 2023 earnings released: EPS: US$1.50 (vs US$2.35 in 1Q 2022)

Best Buy Co., Inc. Announces Regular Quarterly Dividend, Payable on July 5, 2022

Investor sentiment deteriorated over the past week

Executive VP recently sold €105k worth of stock

Executive VP recently sold €105k worth of stock

CEO & Director recently sold €1.6m worth of stock

Upcoming dividend of US$0.88 per share

Best Buy Co., Inc. (NYSE:BBY) announces an Equity Buyback for $5,000 million worth of its shares.

Full year 2022 earnings: Revenues and EPS in line with analyst expectations