Best Buy Co. Chief Executive Brian Dunn resigned today, according to the Wall Street Journal. Just a few weeks ago, Dunn announced a strategy for the electronics retailer based in Richfield, Minn., to compete with online merchants such as Amazon.

The company issued a statement saying there were no disagreements between the board and Dunn, "on any matter relating to operations, financial controls, policies or procedures" but admitted "there was mutual agreement that it was time for new leadership to address the challenges that face the company."

Board member G. Mike Mikan will serve as interim CEO until a replacement is found.

Read more about specialty stores.

Related Content

User Comments – Give us your opinion!
Products & Services

LG 32WL30MS-B

http://global.networldalliance.com/new/images/products/6455.png

6455/LG-32WL30MS-B

Green KIOSKS

http://global.networldalliance.com/new/images/products/4622.png

4622/Green-KIOSKS

Slabb X8E Interactive Digital Signage

http://global.networldalliance.com/new/images/products/7029.png

7029/Slabb-X8E-Interactive-Digital-Signage

Big Impact Professional-Grade LCD | 70” NEC P701

http://global.networldalliance.com/new/images/products/4701.png

4701/Big-Impact-Professional-Grade-LCD-70-NEC-P701

Bill Payment KIOSKS

http://global.networldalliance.com/new/images/products/4673.png

4673/Bill-Payment-KIOSKS

LG 42WL10MS-B

http://global.networldalliance.com/new/images/products/6445.png

6445/LG-42WL10MS-B

In-store merchandising

http://global.networldalliance.com/new/images/products/4196.png

4196/In-store-merchandising

Gaming retail kiosk

http://global.networldalliance.com/new/images/products/6643.png

6643/Gaming-retail-kiosk

LG 47WS50BS-B

http://global.networldalliance.com/new/images/products/6433.png

6433/LG-47WS50BS-B

PeopleMatter SCHEDULE™

http://global.networldalliance.com/new/images/products/4628.png

4628/PeopleMatter-SCHEDULE

Vend and PayPal White Paper
CONNECT 2014 Mobile Innovation Summit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.