Best Buy Rewards Remaining Execs
Best Buy is rewarding its remaining executives with a hefty $500,000 bonus plus (!) stock valued at t $1.98 million. The board of directors went against the non-binding stockholder vote to award the retention bonus, with the aim of providing leadership continuity for the big-box retailer. The list of execs who departed this year include CEO Brian Dunn, founder/chairman Richard Schulze, CTO Robert Stephens, international CFO Dave Deno, and domestic CFO Ryan Robinson.