Best Buy says it is reviewing allegations made against CEO

NEW YORK — Best Buy said it is investigating CEO Corie Barry after receiving an anonymous letter making allegations against her.

Best Buy declined to reveal the allegations but The Wall Street Journal, which first reported on the probe Friday, said it had seen the letter, which accused Barry of having an inappropriate romantic relationship with another executive.

The letter claims that Barry had the relationship with former Best Buy Senior Vice-President Karl Sanft before she took over as CEO last June, the Journal said.

“Best Buy takes allegations of misconduct very seriously,” the company said in a statement to The Associated Press.

Best Buy, based in Richfield, Minnesota, said it hired an outside law firm to investigate the allegations.

“We will not comment further until the review is concluded,” the electronics chain said.

Many U.S. companies have adopted policies to address workplace romances, even before the .MeToo movement stirred a national conversation surrounding sexual misconduct. Fast-food chain McDonald’s fired its CEO in November for violating company policy when he had a consensual relationship with an employee.

Barry, who became CEO of Best Buy Co. six months ago, replaced Hubert Joly after he stepped down and took on the role of executive chairman. Barry, 44, has worked at the company since 1999, most recently as chief financial officer. She is Best Buy’s first female CEO in its 53-year history.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

107 new cases of COVID-19 in Alberta, 5 additional deaths

More than 1,000 cases in Alberta total

Municipal projects face COVID-triggered delays

Pandemic safety measures expected to impact construction schedules

Red Deer trucker ‘nervous’ on front lines of COVID-19 fight

Patrick O’Connor is just looking for some help for the common man.… Continue reading

Gardening for food during COVID-19

“Gardening is easy, and there’s always Google”

Alberta Health Services provides COVID-19 prevention tips

Alberta Health Services has a number of recommendations for people amid the… Continue reading

Alberta government website has latest COVID-19 statistics

Red Deer Advocate readers can stay up to date on the COVID-19… Continue reading

Former Obama security adviser calls on Canada to show global COVID-19 leadership

Former Obama security adviser calls on Canada to show global COVID-19 leadership

Campaigning in a time of crisis: Tory leadership candidates carry on

Campaigning in a time of crisis: Tory leadership candidates carry on

‘Thirsty, hungry, injured:’ Two women sentenced for abuse of girls in basement

‘Thirsty, hungry, injured:’ Two women sentenced for abuse of girls in basement

Alberta environmentalists oppose possible crane, swan hunting season

Alberta environmentalists oppose possible crane, swan hunting season

‘Always new expenses:’ Lawsuits filed as anniversary of Broncos bus crash nears

‘Always new expenses:’ Lawsuits filed as anniversary of Broncos bus crash nears

Pandemic forcing NBA players to work out with what’s on hand

Pandemic forcing NBA players to work out with what’s on hand

Most Read