internal
Corie Barry
Chief Executive Officer
Executive
7 yr
10 reports
Best Buy Co., Inc. ·BBY
Functional retail model with no COO and presidents reporting to CEO
Retailing · Fortune #73 · Functional structure · 85K employees · Richfield, MN
View as of:
9
CEO span
↓ tighter than peers (avg 11)
1.3
Avg span
tight
3
Max depth
3 levels
4.2 yr
Avg tenure
stable vs FY2025
56%
Internal hires
near industry avg
Consolidated financials FY2026 · period end 2026-01-31 · 10-K
Revenue
$41.7B
Operating income
$1.4B
Net income
$1.1B
Total assets
$14.7B
Shares out
209M
Sourced from Best Buy Co., Inc. DEF 14A · filed 2026-04-30 ↗ View on SEC
Interactive org chart
Best Buy Co., Inc. organizational chart
Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.
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Best Buy uses a functional structure with no COO, placing retail, services, supply chain and major corporate functions directly under the CEO. This page maps the executive org chart, analyzes reporting depth and CEO span, and compares Best Buy’s leadership model with retail peers.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Jason Bonfig joined as Chief Executive Officer (designate)
Appointed CEO effective November 1, 2026.
Source · See change logScenario views in the chart
- Add Chief Operating Officer Introduce a COO to consolidate retail, services and supply chain under one operating leader, reducing CEO span.
- Consolidate Retail and Services Move the Presidents of Retail and Home/Services under a single operating leader to streamline execution.
Atlas work this supports
- Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
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- Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.
The people
Who's running this
10 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
internal
Jason Bonfig
SEVP, Chief Customer, Product and Fulfillment Officer
Customer & Product
5 yr
0 reports
internal
Matt Bilunas
SEVP, Chief Financial and Strategy Officer
Finance
5 yr
1 reports
Todd Hartman
EVP, Chief Legal and Risk Officer and Secretary
Legal & Risk
4 yr
0 reports
Kamy Scarlett
SEVP, Chief Human Resources and Corporate Affairs Officer
HR & Corporate Affairs
6 yr
0 reports
Neal Sample
EVP, Chief Digital and Technology Officer
Technology
3 yr
0 reports
Mark Irvin
Chief Supply Chain Officer
Supply Chain
4 yr
0 reports
internal
Luke Motschenbacher
President of Retail
Retail Operations
2 yr
0 reports
internal
David Nygaard
President of Home and Services
Services
2 yr
0 reports
Jeff Haydock
Chief Communications and Public Affairs Officer
Communications
3 yr
0 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 3 named executive officers disclosed. Bar length scales with total compensation.
Corie Barry $17.3M
- Base salary
- $1.30M
- Stock awards
- $13.70M
- Non-equity incentive
- $2.19M
- Other
- $160K
- Fiscal year
- FY2026
- Source
- SEC DEF 14A ↗
Matt Bilunas $5.7M
- Base salary
- $955K
- Stock awards
- $3.50M
- Non-equity incentive
- $1.21M
- Other
- $65K
- Fiscal year
- FY2026
- Source
- SEC DEF 14A ↗
Jason Bonfig $3.9M
- Base salary
- $840K
- Stock awards
- $2.00M
- Non-equity incentive
- $1.03M
- Other
- $34K
- Fiscal year
- FY2026
- Source
- SEC DEF 14A ↗
The businesses
How Best Buy Co., Inc. divides the work
4 divisions report into the group CEO. Tile size scales with estimated headcount.
Retail Operations
60K employees
President of Retail (Luke Motschenbacher)
Operates U.S. and Canada stores and frontline retail execution.
Home and Services
12K employees
President of Home and Services (David Nygaard)
Manages Geek Squad, in-home services, memberships and health services.
Supply Chain
8K employees
Chief Supply Chain Officer (Mark Irvin)
Oversees distribution centers, logistics and fulfillment networks.
Digital & Technology
3K employees
Chief Digital and Technology Officer (Neal Sample)
Leads e-commerce platforms, data, cybersecurity and enterprise IT.
The thesis
Why this org is unusual
Best Buy’s most distinctive structural feature is the absence of a COO, with operational presidents and functional chiefs reporting directly to the CEO.
The chart shows retail, home/services, supply chain, and customer/product leaders all as direct reports, creating a wide CEO span.
This functional model centralizes strategy and execution at the top, while presidents run major operating domains without an intermediary operating layer. Finance, legal, HR, technology, and communications are similarly centralized, reinforcing consistency across the U.S. and Canada.
The structure supports tight integration of omnichannel retail, services, and supply chain, but places heavy coordination demands on the CEO, especially during periods of strategic change and leadership transition.
- No COO role
- Presidents of Retail and Services report directly to CEO
- Broad CEO span for a Fortune 100 retailer
The comparison
How Best Buy Co., Inc. stacks up
Compared with peers like Walmart and Target, Best Buy operates with fewer layers and no COO role. Many large retailers interpose a COO or regional operating executives between the CEO and store operations, whereas Best Buy keeps presidents and functional chiefs at the top table. This yields faster decision-making but a …
Current signals
What changed recently
The most consequential change is the planned CEO transition from Corie Barry to Jason Bonfig effective November 1, 2026.
- new
- new
- departedDamien Harmon SEVP, Channel and Customer Experiences
Position eliminated effective July 18, 2025.
Source
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2026
DEF 14A filed 2026-04-30
- CEO
- Corie Barry
- CEO span
- 9
- C-suite
- 6
- Avg tenure
- 4.2 yr
CEO succession plan announced after this filing.
Named executive officers (5)
- Corie Barry - CEO since 2019
- Matt Bilunas - CFO since 2021
- Jason Bonfig - SEVP since 2021
- Todd Hartman - Chief Legal Officer since 2022
- Kamy Scarlett - Chief HR Officer since 2020
FY2025
DEF 14A filed 2025-05-01
- CEO
- Corie Barry
- CEO span
- 8
- C-suite
- 5
- Avg tenure
- 4 yr
Channel and customer experience role still existed.
Named executive officers (5)
- Corie Barry - CEO since 2019
- Matt Bilunas - CFO since 2021
- Jason Bonfig - SEVP since 2021
- Kamy Scarlett - Chief HR Officer since 2020
- Damien Harmon - SEVP
FY2024
DEF 14A filed 2024-04-29
- CEO
- Corie Barry
- CEO span
- 8
- C-suite
- 5
- Avg tenure
- 3.8 yr
Pre-restructuring leadership configuration.
Named executive officers (5)
- Corie Barry - CEO since 2019
- Matt Bilunas - CFO since 2021
- Damien Harmon - SEVP
- Todd Hartman - Chief Legal Officer since 2022
- Kamy Scarlett - Chief HR Officer since 2020
Year-over-year changes
Leadership remained stable aside from preparation for role elimination.
- CEO span: 8 → 8
- C-suite size: 5 → 5
- Avg tenure: 3.8 → 4 yr
- departed Damien Harmon - SEVP (was SEVP, Channel and Customer Experiences) (DEF 14A 2025-05-01)
CEO succession plan expanded the executive slate and CEO span.
- CEO span: 8 → 9
- C-suite size: 5 → 6
- Avg tenure: 4 → 4.2 yr
- new Jason Bonfig - CEO-designate (was SEVP) (8-K 2026-04-22)
Frequently Asked Questions
Who is the CEO of Best Buy Co., Inc.?
Corie Barry has served as CEO since 2019, with Jason Bonfig scheduled to succeed her on November 1, 2026.
What type of organizational structure does Best Buy use?
Best Buy uses a functional structure with centralized corporate functions and operating presidents.
How many direct reports does Best Buy's CEO have?
As of 2026-Q2, the CEO has nine direct reports.
How has Best Buy's leadership changed recently?
Best Buy announced a CEO succession plan in April 2026 and previously eliminated a senior EVP role in 2025.
Does Best Buy have a COO?
No, Best Buy does not have a COO; major operating leaders report directly to the CEO.
Sources
- 8-K Filing, Apr 22, 2026
- 8-K Filing, Dec 1, 2025
- 2026 Proxy Statement
- SEC EDGAR: Best Buy Co., Inc. DEF 14A Proxy Statement
- SEC EDGAR: Best Buy Co., Inc. 10-K Annual Report
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2026). Best Buy Co., Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/best-buy/MLA 9th
"Best Buy Co., Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/best-buy/. Accessed .Chicago 17
Creately. "Best Buy Co., Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/best-buy/.Original SEC source View on SEC ↗
Best Buy Co., Inc.. DEF 14A. Filed 2026-04-30. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/764478/000114036126018265/ny20063180x1_def14a.htmPermanent URL: https://creately.com/org-chart/fortune-500/best-buy/ · last updated 2026-04-01