Best Buy announced Jason Bonfig will succeed Corie Barry as CEO on October 31st. Bonfig joined in 1999 and oversees merchandising, marketing, supply chain, e-commerce, and advertising. He helped launch Best Buy's U.S. third-party marketplace in August. The change comes as sales have lagged over four years due to a slower housing market and cautious consumers. Best Buy expects fiscal-year revenue of $41.2B–$42.1B.
