Best Buy up after co names insider Jason Bonfig as new CEO

Best Buy

22/04/2026 12:35

** Shares of Best Buy BBY.N up nearly 1.7% at $67.75 premarket

** The electronics retailer says chief Customer, Product and Fulfillment Officer Jason Bonfig to replace Corie Barry as CEO from October 31

** Barry, who has led Best Buy since 2019, to remain a strategic adviser for six months after stepping down

** Many consumer goods firms have seen a string of C-suite changes over the past year as they deal with shifting consumer environment and supply chain challenges due to geopolitical unrest

** As of last close, BBY stock down 0.51% YTD

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))