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Ex-Wiz Exec Joins Best Buy

Tasso Koken also worked at Sears.
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Best Buy

(BBY) - Get Best Buy Co., Inc. Report

named former The Wiz exec Tasso Koken senior vice president for merchandising.

Koken, age 50, joins the merchandising leadership team led by Ron Boire, Best Buy's executive vice president and general merchandise manager.

"Tasso is a proven leader with the ability to build strong teams and foster long-term alliances with key vendors," said Boire. "He will be a valuable, seasoned addition to our leadership team. His experience and proven performance, combined with strong personal character, make him a valuable asset to Best Buy as we continue to deliver enhanced experiences to our customers in ways that match their lifestyles and priorities."

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Koken most recently served as vice president and general merchandise manager of home electronics at Sears. While at Sears, Koken managed all aspects of strategic planning, vendor relations, marketing, merchandising, financial planning, and training and development for the broadline retailer's electronics and entertainment division.

During his 26-year career in electronics retailing, Koken led the successful expansion of the regional electronics retailer The Wiz, later acquired by



. His responsibilities at Cablevision included merchandising, sales, operations, marketing, store design and construction and e-commerce.

On Tuesday, Best Buy shares rose $1.49 to $44.97.