Best Buy 2012 Annual Report Download - page 25

Download and view the complete annual report

Please find page 25 of the 2012 Best Buy annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 117

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117

25
Executive Officers of the Registrant
(As of April 26, 2012)
Name Age Position With the Company
Years
With the
Company
Shari L. Ballard 45 Executive Vice President and President, International 19
Stephen E. Gillett(1) 36 Executive Vice President and President, Best Buy Digital and Global Business
Services
Christopher K.K. Gould 42 Vice President, Treasurer 1
Susan S. Grafton 55 Senior Vice President, Controller and Chief Accounting Officer 11
Barry Judge 50 Executive Vice President, Chief Marketing and Strategy Officer 12
George L. Mikan III(2) 41 Chief Executive Officer (Interim)
James L. Muehlbauer 50 Executive Vice President, Finance and Chief Financial Officer 10
Keith J. Nelsen 48 Executive Vice President, General Counsel, Chief Risk Officer & Secretary 6
Richard M. Schulze 71 Founder and Chairman of the Board 46
Timothy R. Sheehan 47 Executive Vice President, Chief Administrative Officer 27
Carol A. Surface 46 Executive Vice President, Chief Human Resources Officer 2
Michael A. Vitelli 56 Executive Vice President and President, U.S. 8
(1) Mr. Gillett joined us as Executive Vice President and President, Best Buy Digital and Global Business Services in March 2012.
(2) Mr. Mikan became our Chief Executive Officer (Interim), effective April 10, 2012.
Shari L. Ballard was named Executive Vice President and President, International in January 2012. Previously, she served as
Executive Vice President, President – Americas from March 2010 until being appointed to her current role; Executive Vice
President – Retail Channel Management from 2007 to 2010; and as Executive Vice President – Human Resources and Legal
from 2004 to 2007. Ms. Ballard joined us in 1993 and has served as Senior Vice President, Vice President, and General and
Assistant Store Manager. Ms. Ballard is a member of the University of Minnesota Foundation board of trustees and sits on its
executive and human resources committees. She has also accepted an offer to join the board of directors of the Delhaize Group,
a Belgian international food retailer, pending shareholder approval in May 2012.
Stephen E. Gillett was appointed Executive Vice President and President, Best Buy Digital and Global Business Services in
March 2012. Mr. Gillett was previously the chief information officer of Starbucks, Inc. (“Starbucks”) and the executive vice
president of Digital Ventures, Starbucks' technology business group. In his role, Mr. Gillett led Starbucks' efforts to use
technology to provide operational capabilities, connect with customers and enhance customer experiences. He was responsible
for all global enterprise technology activities at Starbucks, including retail technology, business intelligence, emerging
platforms, software engineering, technology services, program management, information security, global infrastructure, and
international technology, as well as all of its digital business activities. Mr. Gillett joined Starbucks in 2008 as its senior vice
president, chief information officer and general manager of Digital Ventures. Prior to joining Starbucks, Mr. Gillett was CIO
and SVP, Engineering for Corbis, a digital media company, from May 2006 to May 2008. From December 2004 to May 2006,
Mr. Gillett was Senior Director Engineering with Yahoo!, an internet destination and online media company. Mr. Gillett's
previous roles also include multiple years of technology leadership with CNET Networks and Sun Microsystems. He joined the
board of directors for Symantec Corp., a developer of information security, at the beginning of 2012.
Christopher K.K. Gould joined us in 2010 when he was named Vice President, Treasurer. Previously, Mr. Gould spent 11
years at Wal-Mart Stores, Inc., a global retailer, most recently as vice president and head of the capital markets division from
2007 to 2010. From 2006 to 2007, he was a senior director and head of finance for the financial services division, and prior to
that, Mr. Gould held other financial leadership roles in Wal-Mart in its international, corporate finance and investment analysis
divisions. Earlier in his career, Mr. Gould worked with Wasatch Funds and Bankers Trust Company. He previously served on
the board of the Business Consortium Fund, an affiliate of the National Minority Supplier Development Council, Inc.
Susan S. Grafton was named Senior Vice President, Controller and Chief Accounting Officer in 2011. She previously served
as Vice President, Controller and Chief Accounting Officer from 2006 until being named to her current role. From 2005 to
2006, she served as Vice President – Financial Operations and Controller, and from 2004 to 2005, she served as Vice
President – Finance, Planning and Performance Management. Prior to joining us in 2000, she worked in finance and accounting
positions with The Pillsbury Company and Pitney Bowes, Inc. Ms. Grafton is a member of Financial Executives International's