Best Buy Co.’s leader, Hubert Joly, will step aside as chief executive, after leading the turnaround of an electronics retailer that many thought would suffer the same fate as other big-box chains facing Amazon.com Inc.Mr. Joly, an outsider who joined the retail chain in 2012, will hand over the CEO job to finance chief Corie Barry in June. Ms. Barry will be one of the few women and one of the youngest to lead an S&P 500 company. Mr. Joly will serve as executive chairman and remain an employee.

Source: Wall Street Journal April 15, 2019 11:41 UTC