MINNEAPOLIS —
Best Buy has instituted
a reorganization of
its management structure
to support its
global strategy, which
has given Mike Vitelli
and Shari Ballard expanded
roles.
Vitelli has been named president of the
Americas and Ballard has been named
president for the Western Hemisphere.
Separate structures and presidents have
also been named for Europe and Asia.
All report to CEO Brian Dunn.
Both Vitelli and Ballard will keep their
prior posts, he as executive VP of the
customer operating group, and she as
executive VP of retail channels.
In their added roles as president of
the Americas and enterprise executive
VPs, Vitelli will have additional responsibility
for Canada.
Ballard will oversee
the company’s operations
in Mexico, and
both will jointly share
leadership responsibility
for the U.S.
In a statement, Dunn
noted, “Last summer
we launched the ‘Path
to the Connected World’ to position the
enterprise for our next era of growth —
an era in which we will operate as a globally
integrated enterprise, providing highvalue
connectivity products and services
to consumers around the world.
“One key change we identifi ed from
the beginning was the need for a regional
structure — with focused leadership
and operations for the Americas,
Europe and Asia — each supported by
global capabilities. We are now ready
to move to that structure.”
