Best Buy names interim CEO

April 10, 2012

MHTA – Best Buy Company has named an interim CEO following the resignation of Brian Dunn. Mike Mikan, who is a board director, will lead the company while a search for a new CEO is underway. Richard Schulze, the founder of Best Buy, continues to serve as chairman.

“I have enjoyed every one of my 28 years with this company, and I leave it today in position for a strong future. I am proud of my fellow employees and I wish them the best,” said Dunn.

“We thank Brian Dunn for his many years of service to the company and wish him well in his next endeavors,” said Schulze. “As we move forward, we are very pleased to have a strong leader with Mike Mikan’s credentials as interim CEO.”

“The Best Buy team and I will be extremely focused on successfully managing this period of transition. I want to assure our employees, customers and other key stakeholders that we will work together to achieve our company’s growth and profitability goals,” said Mikan.

Mikan, who will remain on the board while serving as interim CEO, has been a Best Buy director since April 2008. He formerly served as executive vice president and chief financial officer of UnitedHealth Group Incorporated and chief executive officer of Optum, a health care services company and affiliate of UnitedHealth. Mikan has strong financial and operational expertise, as well as public company leadership experience.

A search committee of the board of directors has been created consisting of the founder and members of the nominating, corporate governance and policy committee. The committee will oversee the process for the identification and selection of the next CEO.


  • RT @MAKMinnesota: Thanks to @VSI_Labs for my first ride in a self driving car! It was awesome
  • This is what a self-driving car sees - from the tech view of an autonomous vehicle used by .@VSI_Labs for its resea…
  • RT @mndeed: UnitedHealth's Optum is digging into blockchain's potential : via @MSPBJnews #InnovateMN
  • RT @mndeed: Minnesota speeds up planning for self-driving cars: via @StarTribune #InnovateMN
  • RT @mlahammer: Education and Economic Development more accurate read of those lines, $30 million for broadband a big single item.
Follow Us ›