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Best Buy CEO Brian Dunn Abruptly Resigns

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Best Buy CEO Brian Dunn Abruptly Resigns

Business

Best Buy CEO Brian Dunn Abruptly Resigns

Best Buy CEO Brian Dunn Abruptly Resigns

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  • <iframe src="https://www.npr.org/player/embed/150406664/150406651" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

After years of flagging sales, the embattled consumer electronics chain finds itself leaderless. Best Buy CEO Brian Dunn abruptly resigned Tuesday after the company launched an investigation into his "personal conduct." No word from the chain on the specifics of their probe.

STEVE INSKEEP, HOST:

NPR's business news begins with more problems for Best Buy.

(SOUNDBITE OF MUSIC)

INSKEEP: After years of flagging sales, the embattled consumer electronics chain now finds itself leaderless. Best Buy CEO Brian Dunn abruptly resigned yesterday after the company launched an investigation into his quote, personal conduct. No word from the chain on the specifics.

Two weeks ago, Best Buy announced a major restructuring, including the closing of 50 big-box stores, following losses of over $1 billion in 2011.

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