Best Buy Board Investigates Dunn's Possible Relationship With Female Staffer

Former CEO Brian Dunn announced his resignation Tuesday amid an investigation into his personal conduct.

, former Best Buy CEO Brian Dunn is under investigation for allegedly using company funds to carry out an inappropriate relationship with a female staffer, according to the Star Tribune.

by the company's board of directors Tuesday, however, would neither confirm or deny Dunn's reported behavior with a staffer. Dunn has yet to respond to the allegations as well.

According to the Star Tribune's report, a source close to the company said the board was investigating multiple complaints that Dunn had been inappropriate with a female employee.

Dunn's resignation came less than two weeks after that would close 50 U.S. stores and downsize many others, while launching others internationally.

According to a Bloomberg Business, interim CEO Mike Mikan attempted to quell any employee fears or frustrations about Dunn's departure and the ongoing investigation by issuing an all-company e-mail Wednesday. Mikan reportedly wrote that Best Buy will “redouble our efforts to ensure employees learn about important company news from us, first."

Best Buy said it planned to make any discoveries public once the investigation was complete.

AllenFromMinneapolis April 12, 2012 at 08:11 PM
Watching Best Buy go down the tubes doesn't surprise me a bit. Neither does the conduct of Dunn. He was an inept CEO who should never have been elevated to that position, and drove the company to a 30% stock decline. The saddest thing to this entire story is to see the end of a Minnesota company, and the folks that will be out of a job due to the lack of action under Dunn's watch. AllenFromMinneapolis
Caitlin Burgess (Editor) April 12, 2012 at 08:35 PM
Why do you feel he was inept and shouldn't have gotten the CEO position? Just wondering, since I don't know much about him other than he started with the company in 1985 and worked his way up.
AllenFromMinneapolis April 13, 2012 at 02:53 PM
He wasn't a visionary. He became myopic over the years of working at Best Buy, and clearly the "Peter Principal" can be used as a prime example of his tenure there. It is my humble opinion, Best Buy had the perfect opportunity, to have done something that no other retailer has accomplished. That would be spend the money and hire/train employees for deep knowledge in the products they sell, pay them accordingly for that knowledge, and differentiate yourself on your impeccable knowledge of the products, and absolutely outstanding customer service. All the while, modifying store format, more boutique style, order online, pick up at store etc. As far as I'm concerned, they're done, I never consider them when purchasing electronics, and never will.
Caitlin Burgess (Editor) April 13, 2012 at 03:20 PM
Interesting. Thanks for sharing. So, I'm assuming that you think its restructuring plan is a little too late?
John April 13, 2012 at 03:24 PM
"Best Buy said it planned to make any discoveries public once the investigation was complete." I will wait for that before making judgement on Dunn. If he is guilty of using company funds to carry out an inappropriate relationship with a female staffer, he should have been fired not allowed to resign. As far as Best Buy goes though I stopped going there years ago. There customer service got worse and worse. The employees new very little about there products. An employee would make visual site of you and walk the other way. Trying to return an item became a major hassle. I used to enjoy shopping there but no more.
AllenFromMinneapolis April 13, 2012 at 03:34 PM
I believe their restructuring plan is a little to late, yes! There are various qualitative, and some quantitative surveys out there that show them as one of America's most hated companies. I believe that would be near impossible to shake. History has shown companies just as large or larger who have failed, there is no brand or company who is immune to misguided leadership. R.I.P Best Buy, can't say I'll miss you.
Caitlin Burgess (Editor) April 13, 2012 at 07:30 PM
Where do you usually do your electronics shopping now? Online? Smaller stores?
Caitlin Burgess (Editor) April 13, 2012 at 07:32 PM
Yes. I read and reported on the "most hated company" thing in January and polled readers on whether on they agreed. Many people disagreed, but I wonder if they feel differently now. May be time for another poll!


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