Best Buy Co. will likely seek out a transformation expert to fill its finance chief vacancy as the consumer electronics retailer aims to maintain its growth pace after a successful turnaround. Current Chairman and CEO Hubert Joly will take on the newly created position of executive chairman, Best Buy said. Best Buy said it will consider both internal and external candidates for the finance chief position. A Best Buy spokesman declined to comment beyond the company’s statement. “Best Buy has done a good job investing to capture the dollars that are migrating online,” Mr. Matuszewski said.

Source: Wall Street Journal April 15, 2019 19:30 UTC