What changed in this filing

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Item 3. Legal Proceedings

2024-03-15 compared with 2023-03-17 · 45 added, 33 removed, 60 unchanged (57% of the section changed)

8 unchanged sentences

Chief Executive Officer

Chief Financial Officer

Chief Merchandising Officer

Senior Executive Vice President of Enterprise Strategy, Chief Financial Officer

Senior Executive Vice President of Customer Offerings and Fulfillment

Damien Harmon

Executive Vice President, Omnichannel

Senior Executive Vice President of Customer, Channel Experiences & Enterprise Services

General Counsel and Chief Risk Officer

Kamy Scarlett

Executive Vice President, Human Resources and Best Buy Canada

Senior Executive Vice President of Human Resources, Corporate Affairs and Canada

Senior Vice President, Controller and Chief Accounting Officer

Barry was appointed our Chief Executive Officer in 2019.

Prior to her current role, she served as chief financial officer and chief strategic transformation officer responsible for overseeing all aspects of strategic transformation and growth, digital and technology, global finance, investor relations, enterprise risk and compliance, integration management and Best Buy Health.

Prior to her current role, she served as our chief financial officer & chief strategic transformation officer responsible for overseeing all aspects of strategic transformation and growth, digital and technology, global finance, investor relations, enterprise risk and compliance, integration management and Best Buy Health.

In that role, she also played a critical role in developing and executing the Company’s Building the New Blue growth strategy and related transformation.

Barry joined Best Buy in 1999 and has held a variety of financial and operational roles within the organization, both in the field and at corporate.

6 unchanged sentences

Barry worked at Deloitte & Touche LLP.

Barry serves on the board of directors for Domino’s Pizza Inc.

Barry serves on the board of directors for Best Buy Co., Inc., and Domino’s Pizza Inc.

and the board of trustees for the College of St.

She also serves on the executive committee for the Business Roundtable, Business Council, Retail Industry Leaders Association and the Minnesota Business Partnership.

Matt Bilunas is our Chief Financial Officer, appointed in 2019.

In this role, he is responsible for overseeing all aspects of global finance and strategic planning, as well as audit, procurement and financial services.

Matt Bilunas is our Senior Executive Vice President of Enterprise Strategy, Chief Financial Officer (“CFO”).

In this role, he is responsible for overseeing all aspects of global finance, inclusive of audit, procurement and financial services, as well as enterprise strategy and real estate.

Since joining Best Buy in 2006, Mr.

Bilunas has served in a variety of financial leadership roles, both in the field and at corporate.

Bilunas has served in a variety of financial leadership roles, both in the field and at the corporate campus.

He started as a territory finance director in Los Angeles and has worked in the company’s domestic and international businesses.

Bilunas has been a key finance leader during Best Buy’s transformation.

Prior to his current role, he was senior vice president of enterprise and merchandise finance since 2017;

Prior to becoming CFO in 2019, he was senior vice president of enterprise and merchandise finance from 2017 to 2019;

vice president, finance for category, e-commerce and marketing from 2015 to 2017;

and vice president, category finance from 2014 until 2015.

and vice president, category finance from 2014 to 2015.

He also has held finance roles in retail, e-commerce and marketing.

Before Best Buy, he worked at Carlson Inc., NRG Energy Inc., Bandag Inc.

Bilunas serves on the boards of the Children’s Hospital of Minnesota and Genesco Inc., a retailer of branded footwear and accessories.

Jason Bonfig was appointed our Chief Merchandising Officer in 2019.

In this role, he oversees all elements of merchandising and product category management for Best Buy’s core U.S.

business, including demand planning, buying, pricing and promotional planning.

Bilunas serves on the board of Genesco, Inc.

Jason Bonfig is our Senior Executive Vice President of Customer Offerings and Fulfillment.

In this role, he oversees all elements of merchandising and product category management, supply chain and marketing for Best Buy’s core U.S.

He also leads the company’s Exclusive Brands private-label team.

Bonfig has served in merchant roles for the company for over 20 years.

Bonfig has served in merchant roles for the Company for over 20 years, working in and leading some of the most complex product categories.

Prior to his current role, Mr.

Bonfig served in the positions of chief category officer – computing, mobile, gaming, health and wellness, accessories and exclusive brands from 2018 to 2019;

Bonfig served in the positions of chief category officer – computing, mobile, gaming, exclusive brands, printing, wearables and accessories from 2018 to 2019;

senior vice president – computing, mobile, tablets, wearables, printing and accessories from 2014 to 2018.

Bonfig also held merchant-related roles since joining the company in 1999.

He serves on the board of the Best Buy Foundation.

Damien Harmon has served as our Executive Vice President, Omnichannel since 2021 and is responsible for establishing a dedicated operations plan that enhances the company’s ability to create seamless experiences for our customers.

He oversees all of its various service offerings in stores, online and in customers’ homes.

Bonfig has also held merchant-related roles since joining the company in 1999.

Bonfig serves on the board of the Best Buy Foundation.

Damien Harmon is our Senior Executive Vice President of Customer, Channel Experiences & Enterprise Services.

He is responsible for the end-to-end customer experience and the work that enhances every interaction with our customers and employees in his organization.

His areas of responsibility include stores and operations, in-home services and sales, virtual experiences, call centers, membership, and customer strategy, relationship offerings and insights.

In his role, Mr.

Harmon leads the Geek Squad, a national tech-support organization with more than 20,000 Agents dedicated to helping customers learn about and enjoy their technology.

Harmon previously served as president, operations from 2020 to 2021 and senior vice president of workforce design from 2019 to 2020.

Harmon leads Geek Squad, a national tech-support organization dedicated to helping customers learn about and enjoy their technology.

Harmon previously served as executive vice president of omnichannel from 2021 to 2023.

He established a dedicated operations plan to enhance the Company’s ability to create seamless experiences for our customers.

He also oversaw our real estate portfolio, stores, operations, services and experiences that span from stores to virtual to in customers’ homes.

Prior to that, Mr.

Harmon served as president, operations from 2020 to 2021 and senior vice president of workforce design from 2019 to 2020.

Harmon first joined Best Buy as a general manager in 2005 and held various leadership positions in store operations, international operations and store leadership, including vice president of retail operations and services.

1 unchanged sentence

Harmon spent four years at Bridgestone Americas Inc., where he served as president of GCR Tires from 2017 to 2018 and chief operating officer at Bridgestone Tires from 2016 to 2017.

Harmon serves on the boards of the Petlove Foundation and the Best Buy Foundation.

Harmon serves on the board of Driven Brands and on the board of the Petco Love Foundation.

Hartman was appointed General Counsel in 2019 and has also served as Chief Risk Officer since 2017.

In this role, he is responsible for the company’s legal activities and its global risk program.

In this role, he is responsible for the company’s legal activities and its global risk and compliance program.

He also serves as corporate secretary.

6 unchanged sentences

Hartman was a partner at Minneapolis law firm Robins Kaplan.

He serves as chair of the Best Buy Foundation and on the board of the Guthrie Theater.

Kamy Scarlett was appointed our Executive Vice President, Human Resources in 2017 and she also assumed responsibility for Best Buy Canada in 2021.

In this role, she oversees talent development and the health and well-being of the more than 90,000 Best Buy employees worldwide.

She also served as our president, U.S.

A Minnesota native, he worked for several years as a telecommunications and technology attorney in Washington, D.C., before returning to Minneapolis.

Hartman sits on the advisory board of Markaaz, Inc.

He serves as treasurer of the Retail Litigation Center and as chair of the Best Buy Foundation.

He also sits on the board of the Guthrie Theater and on the board of Trademark Theater.

Kamy Scarlett is our Senior Executive Vice President of Human Resources, Corporate Affairs and Canada.

In this role, she oversees talent development and the health and well-being of our employees worldwide, communications and public affairs, and our Canadian business.

Additionally, Ms.

Scarlett serves as Executive Vice President of Best Buy Canada, where the Company operates more than 150 stores.

She was appointed executive vice president, human resources in 2017.

She also assumed responsibility for Best Buy Canada in 2021 and communications and public affairs in 2023.

She previously served as our president of U.S.

retail stores from 2019 until 2020 and was responsible for the execution and operation of all domestic Best Buy store locations.

Scarlett joined Best Buy in 2014 as senior vice president of retail and chief human resources officer for Best Buy Canada, serving in that role until 2017.

She was responsible for sales and profits in more than 180 stores in addition to enacting the human resources and talent management strategies for the company.

She was responsible for sales and profits in the Company’s stores, in addition to enacting the human resources and talent management strategies for the Canadian operations.

She has served in a variety of retail, operations, marketing and human resources leadership roles since beginning her career in retail more than 30 years ago.

3 unchanged sentences

and Dylex Inc.

Scarlett previously served on the board of directors of Floor & Decor, a specialty retailer of hard surface flooring.

Scarlett serves on the board of the Best Buy Foundation and previously served on the board of Floor & Décor, a specialty retailer of hard surface flooring .

Watson was appointed our Senior Vice President, Controller and Chief Accounting Officer in 2017.

He previously served as our vice president, controller and chief accounting officer from 2015 until his current role.

He previously served as our vice president, controller and chief accounting officer from April 2015 until his current role.

Watson is responsible for our controllership, financial operations and external reporting functions.

Watson has served in the role of vice president, finance - controller since 2014.

Watson served in the role of vice president, finance - controller from 2014 to April 2015.

Prior to that role, he was vice president - finance, domestic controller from 2013 to 2014.

4 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 3. Legal Proceedings