Form 8-K · Current Report · Filed 2026-08-03
Best Buy Appoints Anne Bramman as New Chief Financial Officer
Best Buy Co., Inc. announced the appointment of Anne Bramman as its new Executive Vice President and Chief Financial Officer, effective August 19, 2026. Bramman, a seasoned executive with over 30 years of experience in finance, operations, and strategy, will report to incoming CEO Jason Bonfig. She will receive an annual base salary of $950,000, a target incentive opportunity of 150% of her base salary, and equity-based awards with a grant date value of $3,250,000. Corie Barry, the current CEO, will serve as Interim CFO until Bramman assumes the role. Bonfig will succeed Barry as CEO on November 1, 2026.
- Filer
- Best Buy Co., Inc. BBY · NYSE
- Filed
- Accession
- 0000764478-26-000034
- CIK
- 0000764478
- Signal
- High impactConsumer Cyclical
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$86.26
Since filing
+0.0%
Latest close
$86.26
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Precedent
Previous filings from BBY reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, BBY insiders reported 11 Form 4 transactions — net selling of $106.7M.
About Best Buy Co., Inc.
Best Buy Co., Inc. is a leading multinational retailer specializing in the sale of consumer electronics, technology products, and appliances. Its primary function is to provide a wide range of technology-related products and services, catering to personal, business, and education sectors. Best Buy operates through various channels, including retail stores, online platforms, and service centers, ensuring a comprehensive customer experience. The company offers an extensive product portfolio, including computers, mobile phones, home theaters, appliances, and smart home innovations, along with an array of after-sale services such as technical support, installation, and repairs. Best Buy is prominently positioned in the retail industry, recognized for its commitment to both customer service and technological integration. Founded in 1966 and headquartered in Richfield, Minnesota, the company has consistently adapted to new consumer trends and technological innovations, contributing significantly to the retail sector by embracing digital transformation and enhancing the value proposition for consumers worldwide. Its market significance is reinforced by its ability to navigate the evolving landscape of electronics retailing, making it an essential player in shaping consumer purchasing decisions related to technology.
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