Brian Dunn

Best Buy's Founder Allowed to Pursue Buyout

Best Buy and its founder and former chairman Richard Schulze say they have an agreement that will allow Schulze to pursue his plan to try to buy the nation's largest consumer electronics chain.

Best Buy 2Q Profit Drops 90 Percent

Best Buy Co. is reporting a 90 percent drop in net income during the second quarter, dragged down by restructuring charges and weak sales. The company also withdrew its earnings guidance for the year.

Can a New Guy Save Best Buy?

Best Buy reported another pretty dismal quarter last week, but some investors got excited anyway. Interim CEO Mike Mikan headed up the conference call for the first time and talked some interesting turnaround strategy for the retailer. But should the market buy any of it?

Best Buy CEO Steps Down

Best Buy said Tuesday that it was a mutual decision, and that there were no disagreements with Brian Dunn on any matter relating to operations, financial controls, policies or procedures.

9 CEOs Who Need to Be Fired

Last year, 24/7 Wall St. put together a list of CEOs who need to retire, basing its judgment on quarterly earnings, stock price, and innovation. Now, with most large public companies having reported their second quarter results, 24/7 is back with a list of nine CEOs who are performing so poorly that they ought to be removed immediately. Read on to find out who, and why.