Best Buy 2011 Annual Report Download - page 27

Download and view the complete annual report

Please find page 27 of the 2011 Best Buy annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 138

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138

Manager, District Manager and Store Manager. Mr. Dunn also serves on the board of The Best Buy Children’s Foundation.
He previously served on the boards of Dick’s Sporting Goods, a full-line sporting goods retailer, and the Greater Twin
Cities United Way.
Christopher K.K. Gould joined us in 2010 when he was named Vice President, Treasurer. Prior to joining us, Mr. Gould
spent eleven years at Wal-Mart Stores, Inc., a global retailer, most recently as vice president and head of the capital
markets division from 2007 to 2010. From 2006 to 2007, he was a senior director and head of finance for the financial
services division, and prior to that, Mr. Gould held other financial leadership roles in Wal-Mart in its international,
corporate finance and investment analysis divisions. Earlier in his career, Mr. Gould worked with Wasatch Funds and
Bankers Trust Company.
Susan S. Grafton was named Vice President, Controller and Chief Accounting Officer in 2006. From 2005 to 2006, she
served as Vice President — Financial Operations and Controller, and from 2004 to 2005, she served as Vice President —
Finance, Planning and Performance Management. Prior to joining us in 2000, she worked in finance and accounting
positions with The Pillsbury Company and Pitney Bowes, Inc. Ms. Grafton is a member of Financial Executives
International’s Committee on Corporate Reporting and the Finance Leaders Council for the Retail Industry Leaders
Association. She also serves on the board of Perspectives, Inc., a non-profit supportive housing program in Minneapolis,
Minnesota.
Joseph M. Joyce was named Senior Vice President, General Counsel and Assistant Secretary in 1997. Mr. Joyce joined
us in 1991 as Vice President — Human Resources and General Counsel. Prior to joining us, Mr. Joyce was with Tonka
Corporation, a toy maker, having most recently served as vice president, secretary and general counsel. He also serves on
the board of governors of the University of St. Thomas School of Law.
Barry Judge was named Executive Vice President, Chief Marketing Officer in 2009. He was appointed to the Chief
Marketing Officer role in 2008. Prior to that appointment, Mr. Judge served as Senior Vice President — Marketing from
2007 to 2008 and as Senior Vice President — Consumer and Brand Marketing from 2004 to 2007. Mr. Judge joined us
in 1999 as a member of our e-commerce team. Prior to joining us, he spent four years as vice president of marketing for
Caribou Coffee Company. His professional career also includes marketing and management positions at Young &
Rubicam, Coca-Cola USA, The Quaker Oats Company, and The Pillsbury Company.
James L. Muehlbauer was named Executive Vice President, Finance and Chief Financial Officer in 2008. In 2007, he
was appointed Enterprise Chief Financial Officer (interim). From 2006 to 2007, he served as Senior Vice President and
Chief Financial Officer — Best Buy U.S., and from 2003 to 2006, as Senior Vice President — Finance. Prior to joining us,
Mr. Muehlbauer spent ten years with The Pillsbury Company, a consumer packaged goods company, where he held
senior-level finance management positions, including vice president and worldwide controller, vice president of operations,
divisional finance director, director of mergers and acquisitions and director of internal audit. A certified public accountant
(inactive), Mr. Muehlbauer spent eight years with Coopers & Lybrand LLP (now PricewaterhouseCoopers) including senior
manager positions in the firm’s audit and consulting practices. He serves on the board of overseers of the University of
Minnesota Carlson School of Management.
Kalendu Patel was named Executive Vice President, President — Asia in 2010. Mr. Patel joined us in 2003 and served
as Executive Vice President — Emerging Business from 2009 until 2010, Executive Vice President — Strategy and
International Development from 2005 to 2009, and Senior Vice President — Strategy and International Development from
2004 to 2005. Prior to joining us, Mr. Patel was a partner for four years at Strategos, a strategic consulting firm. Prior to
that, he worked at KPMG Consulting Inc. and Courtaulds PLC in the U.K.
Ryan D. Robinson was named Senior Vice President, Chief Financial Officer — U.S. in 2010. He served as Senior Vice
President, Chief Financial Officer — U.S. Strategic Business Unit and Treasurer from 2007 until his current appointment.
Mr. Robinson joined us in 2002 and served as Senior Vice President and Chief Financial Officer — New Growth Platforms
from 2006 to 2007, Senior Vice President — Finance and Treasurer from 2005 to 2006, and Vice President — Finance
and Treasurer from 2002 to 2005. Prior to joining us, he spent 15 years at ABN AMRO Holding N.V., an international
bank, where his most recent role there was senior vice president and director of its North American private equity unit.
27