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Thread: Founder off Best Buy Resigns - Another one heads for the hils!

  1. #1

    Founder off Best Buy Resigns - Another one heads for the hils!

    NEW YORK (CNNMoney) -- Best Buy Co. Inc. chairman and founder Richard Schulze resigned from the board of the electronics retailer Thursday.

    Schulze, who served as the company's director for 36 years, controls roughly 20.1% percent of Best Buy (BBY, Fortune 500) shares. He said that he will step down immediately in order to explore options for his ownership stake.

    "I continue to believe in Best Buy and its future -- and care deeply about its customers, employees and shareholders," he said. "There is an urgent need for Best Buy to reinvigorate growth by reconnecting with today's customers and building pathways to the next generation of consumers."

    More here:
    http://money.cnn.com/2012/06/07/news....htm?hpt=hp_t2
    Energy flows where attention goes...

  2. #2
    Moderator UHF Moderator Rank Denise's Avatar
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    Re: Founder off Best Buy Resigns - Another one heads for the hils!

    They obviously know that there's no point in running a business in America anymore because something about to happen.
    You know they are listening to you but they can't hear you.

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