Early Reactions to Best Buy’s Slated Change in Leadership
For the first time in its history, Best Buy elected a female CEO in Corrie Barry. Although she still has a few months to go before she officially assumes the position, the reactions from analysts and the general public appear to be mostly positive despite a few doubters here and there.
"She is a strategic thinker who helped develop the turnaround strategy with current CEO Hubert Joly and has been at his side laying the plan for the future. If ever there was a CFO suited to be CEO, it is Ms. Barry," said Telsey Advisory Group's analyst, Joseph Feldman.
Some have pointed out that in her new role, Barry will become one of the most powerful women in U.S. retail. In fact, Best Buy holds the No. 2 spot in our Dealerscope Top 101 CT Retailers List for 2019, so really, she’s only a hop, skip, and a jump away from being at the tippy top—in this space anyhow.