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Best Buy taps insider Jason Bonfig as new CEO, Corie Barry steps down

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Best Buy CEO Corie Barry is stepping down from the electronics retailer at the end of the third quarter.

On Oct. 31, Barry will be succeeded by Jason Bonfig, who currently serves as Best Buy's chief customer, product, and fulfillment officer. Barry will stay on as a strategic adviser for six months when Bonfig takes the reins, and her seat on the board will be replaced by Bonfig, the company said on Wednesday.

Read more from Yahoo Finance.

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