Best Buy 2012 Annual Report Download - page 26

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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.
Barry Judge took on additional strategic responsibilities as Executive Vice President, Chief Marketing and Strategy Officer in
March 2012, after being 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. Mr. Judge serves on the board of directors for Total Wine & More, the
country's largest independent retailer of fine wine.
George L. Mikan III is currently serving as our Chief Executive Officer (Interim) as of April 2012. Prior to his current
appointment, he served until February 2012 as executive vice president of UnitedHealth Group Incorporated ("UnitedHealth"),
a diversified health and well-being company. From June 2011 until his departure from UnitedHealth, he served as executive
vice president and also provided transitional duties for his executive role as CEO of Optum, a health care services company and
affiliate of UnitedHealth, which he was appointed to in January 2011. From November 2006 to January 2011, he served as the
executive vice president and chief financial officer of UnitedHealth Group. From February 2006 to November 2006, Mr. Mikan
served as senior vice president of finance of UnitedHealth. From 2004 to 2006, Mr. Mikan was chief financial officer of
UnitedHealthcare and president of UnitedHealth Networks, both affiliates of UnitedHealth. Mr. Mikan joined
UnitedHealthGroup in 1998 and has served in various leadership roles from 1998 until 2012, including an executive role on
the corporate development group responsible for merger and acquisition activities. From 1994 to 1998, he was employed at
Arthur Andersen LLP.
James L. Muehlbauer was named Executive Vice President, Finance and Chief Financial Officer in 2008 after being
appointed Enterprise Chief Financial Officer (interim) in 2007. 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 10 years with The Pillsbury 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. Prior to that, 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.
Keith J. Nelsen was named Executive Vice President, General Counsel, Chief Risk Officer and Secretary in March 2012, after
being appointed Executive Vice President, General Counsel in May 2011 and Secretary of the Company in June 2011. He
previously served as Senior Vice President, Commercial & International General Counsel from 2008 until his current
appointment. Mr. Nelsen joined us in 2006 as Vice President, Operations & International General Counsel. Prior to joining us,
he worked at Danka Business Systems PLC, an office products supplier, from 1997 to 2006 and served in various roles,
including chief administration officer and general counsel. Prior to his time at Danka, Mr. Nelsen held the role of vice
president, legal from 1995 to 1997 at NordicTrack, Inc., a provider of leisure equipment products. Mr. Nelsen began his career
in 1989 as a practicing attorney with Best and Flanagan, LLP, a law firm located in Minneapolis, Minnesota. Mr. Nelsen is a
member of the board of directors of NuShoe, Inc., a privately held shoe repair facility in San Diego, California.
Richard M. Schulze is a founder of Best Buy and Chairman of our Board of Directors. He has been an officer and director
from our inception in 1966. Effective in June 2002, he relinquished the duties of CEO, having served as our principal executive
officer for more than 30 years. Mr. Schulze serves on the University of St. Thomas board of trustees and board of governors for
the Opus College of Business at St. Thomas. In addition, he is also chairman of St. Thomas' Executive and Institutional
Advancement Committee, and a member of its Board Affairs Committee. He is also a director of the Richard M. Schulze
Family Foundation, Olympus Ventures, LLC and Founders Properties, LLC. Mr. Schulze previously served on the boards of
Pentair, Inc., a diversified industrial manufacturing company, and The Best Buy Children's Foundation. Mr. Schulze holds an
honorary doctorate of laws degree from the University of St. Thomas.
Timothy R. Sheehan was named Executive Vice President, Chief Administrative Officer in 2010. He previously served as
Executive Vice President – Enterprise Retail Operations since 2009. From 2004 to 2009, he served as Senior Vice President –
Customer Experience Creation, where he focused on our branding and consumer support. Mr. Sheehan joined us in 1985 as a
part-time sales associate and steadily advanced his career as our company grew. He has served us as Regional Manager, District
Manager and Store General Manager. Upon moving from the field into corporate, Mr. Sheehan served in positions in retail
operations, consumer relations and store support.