Brian Dunn

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Best Buy CEO Unloads Big Stake ... to Pay for Divorce

Hubert Joly nets about $10M

(Newser) - Best Buy had to issue an unusual statement explaining exactly why its CEO just dumped 20% of his stake in the company: the business his fine; his marriage, not so much. Hubert Joly sold about 450,000 shares and netted $10 million, reports CNNMoney . "This sale reflects only one...

Best Buy Ousts Founder for Sex Scandal Coverup

Richard Schulze didn't alert audit board about Brian Dunn's infidelity

(Newser) - The man who founded Best Buy announced his resignation today, after an investigation found that Richard Schulze had known about ex-CEO Brian Dunn's affair with a female employee, but hadn't alerted the audit committee, the AP reports. Best Buy had until now kept mum about reports of Dunn'...

Best Buy CEO Bounced for 'Personal Conduct'

Mystery builds over Brian Dunn's sudden resignation

(Newser) - Best Buy CEO Brian Dunn has resigned amid a mysterious investigation into his "personal conduct," said company officials, who offered no other details. Initially, the company said Dunn was leaving by "mutual agreement," but late in the day Best Buy issued a second statement to clarify,...

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