• Best Buy named five new executive leaders, effective immediately, as part of its CEO transition and leadership reshuffle.
• Frank Bedo became chief strategy and growth officer; he previously served as chief marketplace and eCommerce officer with 25+ years in merchandising.
• Patrick McGinnis was appointed chief revenue officer; he joined in 2002 and most recently served as chief merchandising officer.
• Luke Motschenbacher was named chief retail and services officer; he previously served as president of retail leading U.S. store teams.
• Lisa Valentino became chief ads and media officer from president of Best Buy Ads; Duane Scarboro became chief fulfillment and operations officer from SVP supply chain distribution operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Best Buy Co. Inc. published the original content used to generate this news brief on July 14, 2026, and is solely responsible for the information contained therein.