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Founder of U.S. Store Chain Best Buy Resigns
posted on by Kimberly Grace
Best Buy founder and chairman Richard Schulze announced on Thursday that he will resign immediately from his position with the American electronics and media store chain. The announcement comes almost two months after the announcement of former CEO Brian Dunn's resignation.
Schulze initially planned a phased resignation after an investigation in May revealed that he had known for more than a year that Dunn was involved in an inappropriate relationship with a staffer. Schulze says he is expediting his resignation "in order to explore all available options for my ownership stake."
Source: ICv2
Update: Brian Dunn's name corrected. Thanks, Apollo-kun.
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