Best Buy President and CEO Hubert Joly

 

Best Buy President and CEO Hubert Joly has a strong reputation as a turnaround and transformation expert, having begun his corporate career leading the struggling French division of Electronic Data Systems. In his three years with EDS, the company reversed its revenue slide and significantly increased profit margin.

Prior to joining Best Buy, Joly was CEO of Carlson where he led a renaissance across all its businesses, including its restaurant and hotel divisions. Before becoming CEO, he led a subsidiary unit, Carlson Wagonlit Travel, growing its sales from $8 to $25 billion in four years. Earlier in his career, he helped lead the restructuring and growth of Vivendi Universal's video game business, followed by the restructuring of the company itself.

Joly serves on the boards of Ralph Lauren Corp., the Retail Industry Leaders Association, and the Minnesota Business Partnership.