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Best Buy names Jason Bonfig as new CEO, replacing Corie Barry in late October

BBY
Management & GovernanceConsumer Demand & RetailCorporate Guidance & OutlookTax & TariffsPandemic & Health Events

Best Buy said Jason Bonfig, a 27-year company veteran, will replace Corie Barry as CEO on Oct. 31. The move is a routine leadership transition rather than an operating update, though it comes after Barry steered the retailer through the Covid pandemic, high inflation, and higher global tariffs. The announcement is likely to have limited immediate market impact.

Analysis

Best Buy said Jason Bonfig, a 27-year company veteran, will replace Corie Barry as CEO on Oct. 31. The move is a routine leadership transition rather than an operating update, though it comes after Barry steered the retailer through the Covid pandemic, high inflation, and higher global tariffs. The announcement is likely to have limited immediate market impact.

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