Best Buy Co., Inc. announced that current Board Chairman, J. Patrick Doyle, will retire from his position, effective as of the expiration of his annual term on June 12, 2024. Doyle has served on Best Buy?s Board of Directors since 2014 and has been chairman since 2020. David Kenny will succeed Doyle and will take on the chairman role, effective as of Doyle?s retirement.

Kenny is the executive chairman of Nielsen and has been on the Best Buy Board since 2013. For more than 10 years, Kenny has been an integral member of the Board and has provided thoughtful guidance that has contributed to the growth of Best Buy. In addition to a new chairman of the Board, Best Buy also announced that Eugene A. Woods will retire from his position on the board, effective as of the expiration of his annual term on June 12, 2024.

Woods has been on the Board since 2018, currently serves as the CEO of Advocate Health and is a member of the Board of Directors at Johnson & Johnson. Throughout his time on the Best Buy Board, Woods has lent his extensive background in the health industry as well as strong business acumen to further Best Buy?s purpose of enriching lives through technology.