The Archive

After Probe Involving Ex-CEO, Schulze Steps Down as Best Buy Chairman

An independent investigation found that Best Buy's ex-CEO Brian Dunn violated company policy by engaging in a close personal relationship with a female employee-and that Chairman and founder Richard Schulze "acted inappropriately" when he failed to notify the company's audit committee after learning about allegations of such a relationship.

Best Buy Expands Probe of Ex-CEO, Looks at Top Execs

According to the Star Tribune, the electronics retailer is exploring whether some of its top leaders improperly withheld information from its board and whether former CEO Brian Dunn used company-leased aircraft in connection with a relationship he's alleged to have had with a female subordinate.

Latest Articles

19 MN Cos. in Fortune 500; Most Move Down in Rank

The top-ranking local company is Minnetonka-based UnitedHealth Group, Inc., which didn't move from its 22nd-place ranking on last year's list; however, 14 of the 19 Minnesota companies on the list fell in ranking from last year-some substantially.
A Connected Man

A Connected Man

The Downtown Council chose Mark Stenglein because he can raise money and manage coalitions among fractious politicians.
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