Retail
Best Buy Names Muehlbauer Permanent CFO
TSC Staff
04/21/08 - 03:21 PM EDT
Consumer-electronics seller Best Buy (BBY - Cramer's Take - Stockpickr) named James Muehlbauer chief financial officer on a permanent basis, removing the interim title he had had since last September.
Muehlbauer, 46, joined Best Buy in 2002. Prior to that, he spent 10 years with Pillsbury, part of General Mills (GIS - Cramer's Take - Stockpickr).
Shares of Best Buy were down 8 cents at $43.62 Monday. Competitors RadioShack (RSH - Cramer's Take - Stockpickr) and Circuit City (CC - Cramer's Take - Stockpickr) each were up more than 3%.