News

Best Buy shuffles leadership in succession effort

June 3, 2016

Electronics retailer Best Buy will have a new chief administrator and financial officer come June 14.

Chief administrator and CFO Sharon McCollam will leave her post but remain in an advisory role until January 28, 2017, according to an announcement.

A 16-year company veteran, Corie Barry, currently chief strategic growth officer, will step into the role. Prior to her role Barry served as senior VP of U.S. finance and led the services business on an interim basis.

"Over her many years at Best Buy, Corie has held several field and corporate roles, both in operations and finance. Since Sharon arrived, she has been grooming Corie for this role and the board of directors. Sharon and I are confident Corie's experience, skills and commitment to Best Buy's future make her the perfect choice for this role," said Hubert Joly, Best Buy chairman and CEO.

Succeeding Barry as chief strategic growth officer is Asheesh Saksena., who most recently served as executive VP of strategy and new business development for Cox Communications. Previously, he was the deputy chief strategy officer for Time Warner Cable. He joins Best Buy next month, reporting to Joly and serving on the executive team.