BBY · News · 20260804N

Management Changes

BEST BUY CO INC · 2026-08-04 · Importance 31 · Surprise 42

Best Buy appointed Anne Bramman as executive vice president and Chief Financial Officer, effective August 19, 2026. Bramman will lead the global finance organization and work with incoming CEO Jason Bonfig on the company’s strategic priorities. Chief Marketing Officer Jennie Weber also departed unexpectedly during the same leadership reshuffle, raising near-term execution concerns cited by Jefferies.

Key facts

• Best Buy has appointed Anne Bramman as its new executive vice president and Chief Financial Officer, effective August 19. source
• Telsey has increased its price target for Best Buy to $95 from $90, maintaining an Outperform rating, following the appointment of Anne Bramman as the new CFO. source
• Telsey Advisory Group has increased its target price for Best Buy Co Inc from $90 to $95. source