February 5, 2020
Best Buy’s first female CEO, Corie Barry, will keep her job following an independent investigation into allegations of an inappropriate workplace relationship with another executive.
The consumer electronics retail giant’s board didn’t disclose details of the investigation, saying in a statement, “Ms. Barry fully cooperated with the review, which has now concluded.”
The investigation was prompted by an anonymous letter sent to the board alleging the relationship.
“The board takes allegations of misconduct seriously regardless of who is the subject,” the board of directors said in a statement. “When the board received an anonymous letter regarding Corie Barry, the Audit Committee immediately retained outside legal counsel to conduct an independent review. The board supports the continued leadership of the company by Ms. Barry.”
In a statement, Barry said, “I appreciate the board’s support and look forward to continuing to execute on our strategic vision to ‘Build the New Blue: Chapter Two.'”