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MarketTicker Forums Read Message in NotSoBreaking
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User Info BBY (Best Buy) CEO Brian Dunn Resigns in forum [NotSoBreaking]
Argos
Posts: 6338
Incept: 2008-03-23
Gold
The Green Mountain State
Online
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From BB Radio.

BBY is up some 3%.

(No position.)

Drench
Posts: 28631
Incept: 2009-11-10
Green
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Trades50
Posts: 4217
Incept: 2007-10-30
Silver
Land of Tax and Spend
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Usually when the captain exits the ship it's about ready to sink.

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When the people fear the government, there is tyranny. When the government fears the people, there is liberty. - Thomas Jefferson
Aliveh
Posts: 4047
Incept: 2008-01-18
Gold
Los Angeles
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Good riddance. He dug his heels in. Expanded the store base & square footage into declining comps & tough environment. Finally decided to close 50 stores - too little, too late.

And, he hung the company out to dry for good measure, had to appoint an interim CEO with no relevant experience and now have to do a search for the right guy.
Dashingdwl
Posts: 9764
Incept: 2007-06-26
Gold
los angeles
Online
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In opposite world this is bullish.

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When you are hard and disciplined, you can be principled. People fear you because they have no leverage against you. It's the truest form of Liberty.
Shortwaveuv
Posts: 313
Incept: 2011-07-12
Silver
Fort Worth, TX
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Guess he dunn goofed.
Drench
Posts: 28631
Incept: 2009-11-10
Green
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Quote:
According to a company statement reported by the Wall Street Journal's online edition, "Certain issues were brought to the board's attention regarding Mr. Dunn's personal conduct, unrelated to the company's operations or financial controls, and an audit committee investigation was initiated."

Before the investigation could be completed, "Mr. Dunn chose to resign," the company said.
http://www.cnbc.com/id/47004099/

Genesis
Posts: 130787
Incept: 2007-06-26
Admin A True American Patriot!
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Oh hoh.....

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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
Eli
Posts: 7212
Incept: 2007-09-10
Silver

Online
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Did he put in a 2 million dollar bath room in his office?

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If you want a vision of the future, imagine a boot stamping on a human face - forever.
George Orwell

Infidel
Posts: 5463
Incept: 2007-08-27
Green A True American Patriot!
between here and there
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"Did he put in a 2 million dollar bath room in his office"

probably a 2000 dollar and hour orifice in his bathroom.

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"DON'T BELIEVE THEM, DON'T FEAR THEM, DON'T ASK ANYTHING OF THEM." -ALEXANDER SOLZHENITSYN.

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