UPDATE 1-Best Buy finance chief Matt Bilunas to step down

Best Buy Co.,Inc.

Best Buy Co.,Inc.

BBY

0.00

Updates with details

June 22 (Reuters) - Electronics retailer Best Buy BBY.N said on Monday its chief financial officer Matt Bilunas will step down from the post, effective July 31.

  • Bilunas joined the company in 2006 and became CFO in 2019.

  • The company named Jason Bonfig as CEO in April, replacing longtime executive Corie Barry,

  • Best Buy, which operates more than 1,000 stores across North America, has been working to revive growth by expanding online sales, services and advertising as competition intensifies across the sector.

  • Shares of the company were down 3% in the extended trading.



This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.