Best Buy says its CEO will remain in her role after an investigation - Business Insider

The company's board of directors hired outside counsel to investigate Barry after receiving information about the alleged relationship in an anonymous letter.

The board said Tuesday that the investigation had concluded, but did not reveal any information regarding the findings. "The board takes allegations of misconduct seriously regardless of who is the subject," Best Buy's board of directors said in a statement. "When the board received an anonymous letter regarding Corie Barry, the Audit Committee immediately retained outside legal counsel, Sidley Austin LLP, to conduct an independent review. Ms. Barry fully cooperated with the review, which has now concluded. The board supports the continued leadership of the company by Ms. Barry.

In response, Barry said, "I appreciate the Board's support and look forward to continuing to execute on our strategic vision to Build the New Blue: Chapter Two."

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

YouTube ad revenue was 9x more than Google paid to buy it - Business InsiderGoogle paid $1.65 billion in 2006 to acquire YouTube — which had around 65 employees — and called it 'the next step in the evolution of the Internet.' Just wow. YouTube ad frequency is borderlining insanity Who that's amazing how a single investment can appreciate, over the years. A key buy for Google remaining an Industry leader for years to come. A smart and strategic move.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Best Business Credit Cards For Travel In February 2020
Source: Forbes - 🏆 394. / 53 Read more »

TurboTax Self-Employed is the best tax software as a freelancer - Business InsiderI've played around with TurboTax, H&R Block, and TaxAct, and I find TurboTax's interface to be the most user-friendly.
Source: BusinessInsider - 🏆 729. / 51 Read more »