best buy bye bye

Best Buy is losing another one of its head honchos, as founder Richard Schulze announced today he’s resigning his chairman and director spots effective immediately. He had said earlier he would step down as chairman after the 2012 annual meeting on June 21 and remain a director through the 2013 meeting. [More]

Richard Shulze, the founder of Best Buy is leaving his role as company chairman, after an independent investigation found he had failed to report allegations of personal misconduct by former CEO Brian Dunn to the board’s audit committee. [More]