Richard Schulze, the founder and ousted chairman of Best Buy, is assembling a team of executives that could help him lead the electronics retail megachain if his attempts to buy back the company are successful, according to a report from Bloomberg. The Best Buy founder and former CEO left his position as chairman in June following a scandal that centered on another former CEO, Brian Dunn. At the time of his departure, Schulze said he was exploring all available options for ownership in the company. He is currently the retailer’s largest shareholder with about a 20 percent stake.
Loading ...
Ousted Best Buy Founder Rounds Up Posse for Takeover
Posted by: Rachelle Dragani July 30, 2012 02:46 PMRichard Schulze, the founder and ousted chairman of Best Buy, is assembling a team of executives that could help him lead the electronics retail megachain if his attempts to buy back the company are successful, according to a report from Bloomberg. The Best Buy founder and former CEO left his position as chairman in June following a scandal that centered on another former CEO, Brian Dunn. At the time of his departure, Schulze said he was exploring all available options for ownership in the company. He is currently the retailer’s largest shareholder with about a 20 percent stake.