Best Buy hires ex-Williams-Sonoma exec as CFO
NEW YORK – Struggling consumer electronics chain Best Buy said Monday that a former Williams-Sonoma executive will become its new chief financial officer beginning Dec. 10.
It's the latest executive move for the Minneapolis company since turnaround expert Hubert Joly joined as CEO in August.
Best Buy is trying to reverse a decline in its business due to a weak global economy and tough competition from online stores and discounters.
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