Monday March 25, 2013

Best Buy Brings Founder Back On Board

Wait, I thought this guy was forced to resign by the same board that now has "full confidence" in him? Probably the smartest thing they've done in a while but they are still running around like chickens with their heads cut off.

Best Buy said today that its founder, Richard Schulze, is returning to the company as chairman emeritus. Schulze is also bringing with him a pair of new members for Best Buy's board of directors, former company executives Brad Anderson and Al Lenzmeier. The two are joining the board immediately and then will stand for election at the annual shareholder meeting in June, Best Buy said.

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