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Two Best Buy (BBY) directors resigned yesterday, bringing to four the number of vacancies on the...

Two Best Buy (BBY) directors resigned yesterday, bringing to four the number of vacancies on the 11-member board. One director, Mike Mikan, was interim CEO from April-September and was a contender for the top job on a permanent basis; he is going to work for the hedge fund of Edward Lampert, who controls Sears. The second departure is that of lead independent director Matthew Paull, who will retire in April.
Comments (1)
  • bhans007
    , contributor
    Comments (2) | Send Message
     
    Sure. All the directors should be taken to the wood shed for not working with Schultz on his first offer way back when.
    2 Jan 2013, 03:51 AM Reply Like
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