Management ChangeApr 22, 2026, 07:07 AM
Best Buy Appoints Jason Bonfig as CEO with $1.25M Annual Salary
AI Summary
Best Buy Co., Inc. has formalized the employment terms for Jason Bonfig as its new Chief Executive Officer, effective November 1, 2026. The agreement specifies an initial three-year term, which will automatically renew for successive 12-month periods. Mr. Bonfig's annual base salary is set at $1,250,000, and he will also join the Company's Board of Directors upon his commencement.
Key Highlights
- Jason Bonfig appointed Chief Executive Officer, effective November 1, 2026.
- Initial employment term is for three years, with automatic 12-month renewals.
- Annual base salary set at $1,250,000.
- Mr. Bonfig will also serve as a member of the Board of Directors.