Best Buy saga ousts chairman & founder (too)
After a long and hard 46 years as the face of Best Buy, Richard Schulze reportedly quit yesterday amid further allegations that he harbored a deep dark secret about the time Brian Dunn served as C.E.O of the company.
According to the Minneapolis Star Tribune, Schulze walked out after a pending investigation found that he for years (years people) hid the fact that allegations of similar means had surfaced about Brian Dunn in the past.
The company released a statement after his departure:
“The chairman revealed to the CEO the identity of the female employee and the employee who authored the [complaint],” the company said in a statement. “This action exposed the employees to potential retaliation and exposed the company to potential liability for such retaliation.”
- Best Buy chairman steps down after inquiry about CEO’s affair (seattletimes.nwsource.com)
- Schulze out as Best Buy chair; Dunn didn’t misuse resources, report says (bizjournals.com)
- Best Buy CEO Brian Dunn didn’t report relationship with employee (thestar.com)
- Best Buy cleans house in aftermath of scandal, sends founder to retirement (venturebeat.com)
- Best Buy founder and chairman Richard Schulze resigns following internal investigation (theverge.com)