Industry Moves: Former 'Blue Shirt' Dunn Makes It To Best Buy CEO; Promotion Due In June

This story was written by Staci D. Kramer.
As Circuit City dissolves, Best Buy evolves. The company announced today that Brian Dunn, who started with the chain in 1985 as an associate and has been president and COO since 2006, will take over as CEO on June 24 following the retirement of Bradbury Anderson. Anderson will continue as vice chairman through the end of his term. Dunn will be appointed to the board initially, then will be up for election in 2010. If all goes as planned, he will be only the third Best Buy CEO; Anderson, who followed founder Richard Schulze, served for seven years. The Minnesota-based chain had only a dozen stores when Dunn started in 1985; it now has more than 1,000 stores in the U.S.and Dunn is in charge of them, as well as the Geek Squad and various other functions.

By Staci D. Kramer


Watch CBSN Live

Watch CBS News anytime, anywhere with the new 24/7 digital news network. Stream CBSN live or on demand for FREE on your TV, computer, tablet, or smartphone.

Watch Now

New Android App

For your Android phone and tablet, download the FREE redesigned app, featuring CBSN, live 24/7 news.

The all new
CBS News App for Android® for iPad® for iPhone®
Fully redesigned. Featuring CBSN, 24/7 live news. Get the App