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Best Buy taps 27-year veteran Jason Bonfig as sixth CEO, effective October 31

Best Buy will install Jason Bonfig, a 27-year company veteran, as its sixth CEO on October 31. The electronics retailer has not yet publicly disclosed Bonfig's predecessor's full name in available materials, though reporting indicates the transition involves succession from the current leadership.

Best Buy will install Jason Bonfig as its sixth CEO on October 31, succeeding Corie Barry in a leadership transition at the electronics retailer. Bonfig is a 27-year veteran of the company.

The transition marks only the sixth CEO change in Best Buy's history, underscoring the company's practice of long executive tenures. Bonfig's internal promotion continues Best Buy's preference for promoting leaders familiar with its operational model and competitive positioning in consumer electronics.

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