Best Buy Management
Management criteria checks 4/4
Best Buy's CEO is Corie Barry, appointed in Jun 2019, has a tenure of 5.5 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 $31.81M. The average tenure of the management team and the board of directors is 5.5 years and 6.1 years respectively.
Key information
Corie Barry
Chief executive officer
US$14.4m
Total compensation
| CEO salary percentage | 9.2% |
| CEO tenure | 5.5yrs |
| CEO ownership | 0.2% |
| Management average tenure | 5.5yrs |
| Board average tenure | 6.1yrs |
Recent management updates
Recent updates
Is Best Buy (NYSE:BBY) A Risky Investment?
Dec 26
The Best Buy Co., Inc. (NYSE:BBY) Third-Quarter Results Are Out And Analysts Have Published New Forecasts
Dec 10What Does Best Buy Co., Inc.'s (NYSE:BBY) Share Price Indicate?
Dec 06Best Buy: With Weaker Spending, It's Best To Get Out Of This Stock (Rating Downgrade)
Nov 27Best Buy Co., Inc.'s (NYSE:BBY) Shares Not Telling The Full Story
Nov 21Best Buy: Q3 Outlook Remains Weak
Nov 14Return Trends At Best Buy (NYSE:BBY) Aren't Appealing
Oct 22Best Buy: Impressive Bull Run But Dividend Safety Remains A Concern
Oct 15Best Buy Co., Inc. (NYSE:BBY) Shares Could Be 50% Below Their Intrinsic Value Estimate
Sep 23Best Buy: Encouraging Trends, But Risks Remain (Rating Upgrade)
Sep 19Results: Best Buy Co., Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Sep 10Does Best Buy (NYSE:BBY) Have A Healthy Balance Sheet?
Aug 30Think Twice Before Considering Best Buy For Your Portfolio (Q2 Earnings Preview)
Aug 27Fewer Investors Than Expected Jumping On Best Buy Co., Inc. (NYSE:BBY)
Aug 14Why Best Buy Co., Inc. (NYSE:BBY) Could Be Worth Watching
Jul 30Best Buy: Short Opportunity Due To Overvaluation And Weakening Consumer Spending Outlook
Jul 15Best Buy (NYSE:BBY) Has More To Do To Multiply In Value Going Forward
Jul 15Best Buy (NYSE:BBY) Is Due To Pay A Dividend Of $0.94
Jun 08Best Buy: Close To The Beginning Of The New Cycle
May 31These 4 Measures Indicate That Best Buy (NYSE:BBY) Is Using Debt Reasonably Well
May 22Market Still Lacking Some Conviction On Best Buy Co., Inc. (NYSE:BBY)
May 07What Is Best Buy Co., Inc.'s (NYSE:BBY) Share Price Doing?
Apr 24Best Buy Remains Highly Vulnerable To E-Commerce
Apr 16There Are Reasons To Feel Uneasy About Best Buy's (NYSE:BBY) Returns On Capital
Apr 08Best Buy (NYSE:BBY) Is Paying Out A Larger Dividend Than Last Year
Mar 14Best Buy Q4 Results: Higher Profitability Offset By Continued Topline Softness
Feb 29Best Buy: Is The ~5% Yield Safe Or Is A Dividend Cut In The Works?
Feb 15Is There An Opportunity With Best Buy Co., Inc.'s (NYSE:BBY) 37% Undervaluation?
Feb 05Best Buy: Capital Return Story Attractive With Possible Demand Recovery
Jan 25Does Best Buy (NYSE:BBY) Have A Healthy Balance Sheet?
Jan 22The Market Doesn't Like What It Sees From Best Buy Co., Inc.'s (NYSE:BBY) Earnings Yet
Jan 08Best Buy: Don't Get Lumped With This Coal This Christmas
Dec 22A Best Buy It's Not
Nov 21Best Buy: The Electronics Store Era Is Coming To An End
Nov 15Best Buy: 5% Yield Is At Risk In A Changing World
Oct 10Best Buy: Remains A Hold Amid Mixed Q2 Results And Industry Headwinds
Sep 08CEO Compensation Analysis
| 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 about average for companies of similar size in the US market ($USD12.86M).
Compensation vs Earnings: Corie's compensation has been consistent with company performance over the past year.
CEO
Corie Barry (49 yo)
5.5yrs
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 |
|---|---|---|---|---|
| Independent Chairman | 11.3yrs | US$315.05k | 0% $ 0 | |
| CEO & Director | 5.5yrs | US$14.44m | 0.17% $ 31.8m | |
| Senior Executive VP of Enterprise Strategy & CFO | 5.4yrs | US$5.01m | 0.043% $ 8.1m | |
| General Counsel | 5.7yrs | US$3.11m | 0.017% $ 3.3m | |
| Senior Executive VP of Human Resources | 7.5yrs | US$4.58m | 0.036% $ 6.8m | |
| Senior Executive VP of Customer | 4.6yrs | US$2.93m | 0.023% $ 4.3m | |
| Founder & Chairman Emeritus | no data | US$69.13k | 7.31% $ 1.4b | |
| Senior VP | 10.7yrs | no data | 0.0095% $ 1.8m | |
| Executive VP and Chief Digital | 6.6yrs | US$2.54m | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Chief Compliance Officer | 4.2yrs | no data | no data | |
| Chief Communications & Public Affairs Officer | 2.9yrs | no data | no data |
5.5yrs
Average Tenure
53yo
Average Age
Experienced Management: BBY's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman | 11.3yrs | US$315.05k | 0% $ 0 | |
| CEO & Director | 5.5yrs | US$14.44m | 0.17% $ 31.8m | |
| Founder & Chairman Emeritus | 12.5yrs | US$69.13k | 7.31% $ 1.4b | |
| Independent Director | 3.8yrs | US$295.05k | 0% $ 0 | |
| Independent Director | 15yrs | US$315.05k | 0.0047% $ 880.8k | |
| Independent Director | 6.8yrs | US$295.05k | 0% $ 0 | |
| Independent Director | 8.8yrs | US$295.05k | 0% $ 0 | |
| Independent Director | 1.4yrs | US$245.61k | 0% $ 0 | |
| Independent Director | 9.3yrs | US$315.05k | 0% $ 0 | |
| Independent Director | 1.8yrs | US$327.87k | 0.000060% $ 11.3k | |
| Independent Director | 3.9yrs | US$310.71k | 0% $ 0 | |
| Independent Director | 1.8yrs | US$327.87k | 0% $ 0 |
6.1yrs
Average Tenure
58yo
Average Age
Experienced Board: BBY's board of directors are considered experienced (6.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 05:12 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/11/02 |
| Annual Earnings | 2024/02/03 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Best Buy Co., Inc. is covered by 57 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Graja | Argus Research Company |
| Fabrizio Spagna | Axia Financial Research |
| Ishan Majumdar | Baptista Research |