Best Buy replaces turnaround chief Joly with longtime CFO

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Best Buy replaces turnaround chief Joly with longtime CFO
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Best Buy Co Inc on Monday named Chief Financial Officer Corie Barry as the compa...

- Best Buy Co Inc on Monday named Chief Financial Officer Corie Barry as the company’s chief executive officer, the first woman to lead the consumer electronics retailer in its 53-year history.

She has also held several operational roles in her tenure, including heading the integration of health services provider GreatCall Inc, which Best Buy bought last year for $800 million. In Joly’s near 7-year tenure as CEO, Best Buy’s same store sales have risen for the past five years, while its shares have grown four-fold.

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