Best Buy Shakes Up Management After Disappointing Holiday Sales
Coming off disappointing holiday sales, Best Buy announced on Tuesday a management shakeup that separates its two co-presidents of the Americas.
Shari Ballard, 45, has been appointed president of Best Buy International, effective immediately, while Michael Vitelli, 56, will become president of Best Buy U.S.
Both have jointly held the role as head of the Americas, overseeing the U.S., Canada and Mexico, since March 2010.
Best Buy CEO Brian Dunn said the move is intended to "make the most of the profitability opportunities" seen both domestically and internationally.