Best Buy finance chief Matt Bilunas to step down (updated)
UPDATE 1-Best Buy finance chief Matt Bilunas to step down Updates with details
June 22 (Reuters) - Electronics retailer Best Buy BBY.N said on Monday its chief financial officer Matt Bilunas will step down from the post, effective July 31.
Bilunas joined the company in 2006 and became CFO in 2019.
The company named Jason Bonfig as CEO in April, replacing longtime executive Corie Barry,
Best Buy, which operates more than 1,000 stores across North America, has been working to revive growth by expanding online sales, services and advertising as competition intensifies across the sector.
Shares of the company were down 3% in the extended trading.
(Reporting by Juveria Tabassum and Apratim Sarkar in Bengaluru; Editing by Vijay Kishore and Sahal Muhammed)
((Juveria.Tabassum@thomsonreuters.com;))
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