An Exit Interview With Best Buy's Brad Anderson
Though the recession has battered Best Buy every bit as forcefully as other consumer electronics purveyors, the company still occupies the pinnacle of CE retail and has not shied away from talk of European expansion, even as it regroups to adjust to the current thift among its American customer base.
Brad Anderson, who has served as Best Buy's Vice Chairman and CEO since 2002 (after 30 years at other posts within the company), is widely credited with a leadership style which has embraced constant change, and he has named "having fun while winning" a core value.
Anderson plans to retire at the end of June, handing over the reins to Best Buy's current President and COO, Brian Dunn. Anderson spoke with Dealerscope about this latest transition, just one of many in his extraordinary career.
DS: You've said on numerous occasions that one of Best Buy's core values company-wide is learning from challenge and change. Do you look upon your years in leadership as a period of near-constant transition?