Best Buy Appoints Jason Bonfig as CEO

By Chris Stiles • Wednesday, April 22 10:31 • Permanent Link

Best Buy said Tuesday that Chief Customer, Product and Fulfillment Officer Jason Bonfig will become chief executive officer on Oct. 31, replacing Corie Barry at the end of the company’s fiscal third quarter.

Barry will step down from the CEO role and leave the board at that time, then stay on as a strategic adviser for six months. Bonfig will also join the board when he takes over.

Bonfig, who joined Best Buy in 1999 as an inventory analyst, currently oversees merchandising, ecommerce, marketing, supply chain, Best Buy Canada and Best Buy Ads. The company said he most recently led the launch of its U.S. online marketplace and the expansion of Best Buy Ads.

Barry has led Best Buy for seven years and is the second-longest tenured CEO in the company’s history. During her tenure, Best Buy said it built “record-high engagement scores” among its more than 80,000 employees.

The company said it generated $41.7 billion in revenue in fiscal 2026 and operates more than 1,000 retail stores in North America. Today the company's shares have moved 4.65% to a price of $63.21. If you want to know more, read the company's complete 8-K report here.

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