Best Buy CEO Corie Barry to Headline TCB’s 2020 Women in Leadership Event
Best Buy CEO Corie Barry will be the featured speaker at TCB Talks: Women in Leadership, one of Twin Cities Business’s largest annual events, to be held April 23 at the Minneapolis Marriott City Center.
As she approaches her first anniversary as CEO, the event will offer an exclusive opportunity to hear from Barry what it’s like to lead a Fortune 100 company, as well as her goals, and her insights about why Best Buy has been so successful at promoting women to top executive and board roles when so many large companies continue to lag behind. Six of the 11 members on Best Buy’s board of directors are women.
Barry is one of just eight female Fortune 100 CEOs, and the youngest woman at 44.
The Women in Leadership event provides an annual focus on the status of women in executive and board of director roles at public companies in Minnesota. The event includes an overview of St. Catherine University’s annual Minnesota Census of Women in Corporate Leadership and a conversation about leadership opportunities and challenges. Past speakers have included Land O’Lakes CEO Beth Ford and nVent CEO Beth Wozniak. Both Barry and Ford appeared on Fortune magazine’s 2019 list of “most powerful women in business.”
In a recent interview with CNBC, Barry offered advice to other women in business: “Speak up with the point of view in the room that may not be popular. Have those uncomfortable moments. Because my strong personal belief is it is those moments that cause you to grow the most yourself, but that also differentiate you the most in your career.”
Barry previously appeared on stage at TCB’s Women in Leadership event in 2016, when she was Best Buy’s chief strategic growth officer. She returns as CEO, having stepped into the top spot in June. A 21-year veteran of Best Buy, she became CFO in 2016 and played a key role in the company’s recent turnaround and 2020 growth strategy.
At the company’s September investors meeting, Best Buy set a goal of reaching $50 billion in revenue by the fiscal year 2025. Barry also said the company would cut $1 billion in costs over the next five years.
Tickets for TCB Talks: Women in Leadership are now available online.