Buy ( BBY ) chairman Richard Schulze was forced to step down from the company he founded last May . At the time, CEO Brian Dunn was found to be having an inappropriate relationship with a female employee. An audit committee found Richard was aware
acquire the 80% of Best Buy that he did not already own. Schulze resigned as BBY's Chairman in May in the wake of the Brian Dunn scandal and floated the idea of buying out BBY at $24-26/share in August . After months of rumors and speculation
at $24-26/share in August , three months after he was forced out as Chairman by BBY's board in the wake of the Brian Dunn scandal. Many analysts expected BBY's Interim CEO George Lawrence Mikan III (grandson of Minneapolis Lakers basketball
this because the company has fallen on black days since his protégé Brad Anderson retired in 2009 and was replaced by Brian Dunn . When Schultz and Brad Anderson were running the show, they made beautiful music together. Since Brad Anderson left
was pressured into stepping down as Chairman of the Board in May. We are also confused that Dick Schulze knew about Brian Dunn 's relationship with a female employee and did not alert the audit committee. BBY's board pressured Dunn into resigning
Mikan, who received a lukewarm-at-best reception from Wall Street following former CEO Brian Dunn 's scandal-laden departure in April. Brian Dunn was at the center of a controversy involving an improper relationship with a female employee
By Kraken : Best Buy's ( BBY ) founder Richard Schulze resigned from his chairman role after allegations of CEO Brian Dunn 's relationship with an employee were uncovered. Schulze knew about the relationship, but failed to mention it to
it was for CONN. Along with battling cost blunders, BBY has had a rough start to the year with the discovery of CEO Brian Dunn ’s inappropriate relationship with a female employee. Following the news, founder and chairman Richard Schulze resigned
Best Buy's BBY first conference call following last month's abrupt departure of former CEO Brian Dunn had a refreshing feeling to it, as interim CEO Mike Mikan was blunt in addressing the structural and competitive pressures facing
May 14 (Reuters) - Best Buy Co Inc said that former Chief Executive Officer Brian Dunn violated company policy by engaging in an extremely close personal relationship with a female employee and that the chairman of