|Dunn was CEO for three years, during which time Best Buy struggled to adapt to an online-dominated marketplace.|
Less than two weeks after announcing a major restructuring plan
involving store closings and layoffs, Brian Dunn has resigned as Best Buy CEO
The split was reportedly amicable, but some are suggesting
Dunn's departure is mutual in the sense of, "all the girls in high school and I mutually decided not to go to prom together."
Richard Schulze, the founder of Best Buy, will continue to serve as chairman. Board member G. Mike Mikan (grandson of Minnesota Lakers basketball legend George Mikan) takes over as interim CEO. A search committee has already been formed to find Dunn's full-time replacement. More »