Best Buy 2009 Annual Report Download - page 10

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The following table shows the date each committee was established, the number of meetings held in fiscal 2009 and
the names of the directors serving on each committee as of April 23, 2009:
Number of
Meetings
During
Committee Date Established Fiscal 2009 Members
Audit June 1, 1984 11 Hatim A. Tyabji*
George L. Mikan III
Matthew H. Paull
G´
erard Vittecoq
Compensation and Human Resources February 13, 1997 10 Frank D. Trestman*
Kathy J. Higgins Victor
Ronald James
Hatim A. Tyabji
Nominating, Corporate Governance and Public February 13, 1997 5 Kathy J. Higgins Victor*
Policy Ronald James
Sanjay Khosla
Rogelio M. Rebolledo
Finance and Investment Policy September 13, 2006 7 Elliot S. Kaplan*
Allen U. Lenzmeier
Matthew H. Paull
Frank D. Trestman
* Chairman
qualified, will be considered in the same manner as any
Director Nomination Process
other candidate.
The Nominating, Corporate Governance and Public
The Nominating Committee will then evaluate the
Policy Committee (‘‘Nominating Committee’’) is
resumes of any qualified candidates recommended by a
responsible for screening and recommending to the full
search firm or shareholders, as well as by members of
Board director candidates for nomination. The
the Board. Generally, in order to be considered for
Nominating Committee will often engage a third-party
nomination, a candidate must have:
search firm to assist in identifying appropriate
candidates to consider as additions to our Board. When • High professional and personal ethics and
there is an opening on the Board, the Nominating values;
Committee will also consider nominations received from
• A strong record of significant leadership and
our shareholders, provided that proposed candidates
meaningful accomplishments in his or her field;
meet the requisite director qualification standards
discussed below. • Broad policy-making experience;
When the Board elects to fill a vacancy on the Board, • The ability to think strategically;
the Nominating Committee will announce the open • Sufficient time to carry out the duties of Board
position and post any additional search criteria on our membership; and
Web site at www.BestBuy.com — select the ‘‘For Our
Investors’’ link and then the ‘‘Corporate Governance’’ • A commitment to enhancing shareholder value
link. Candidates recommended by shareholders, if and representing the interests of all shareholders.
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