The CEO credited with reviving a Best Buy is currently stepping aside.
Hubert Joly is handing leadership of the reinvigorated electronics merchant as part of the firm’s succession plan to longtime executive Corie Barry.
Joly focused on forcing the encounter and revenue as conventional retailers such as confronted dwindling revenue and foot traffic and took the helm. Online sales currently account for around 22% of its business.
She has been with the company in executive jobs. She will also join the board of supervisors, which is expanding to 13 members.
After stepping down joly will become chairman of the board.