Best Buy CEO Hubert Joly steps down
The CEO credited with reviving a struggling Best Buy is stepping .
Hubert Joly is handing leadership of this reinvigorated electronics merchant as a portion of the succession plan of their company to executive Corie Barry.
Joly, 59, concentrated on driving earnings and the encounter as traditional retailers such as confronted dwindling revenue and foot traffic and took the helm in 2012. Online sales now account for around 22 percent of its small enterprise.
She’s been with the company in executive jobs. She will also join the board of supervisors, which is currently expanding to 13 members.
Joly will become chairman of the board following stepping down.