Geek Squad Founder Leaving Best Buy

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Minneapolis, Minn. - Best Buy's chief technology officer Robert Stephens is leaving the company, effective today.

Stephens is the founder of Geek Squad, which began as a Minneapolis PC repair company in 1994 and was acquired by Best Buy eight years later as an entrée into the services business.

Following Geek Squad's integration into the chain, he became Best Buy's chief technology officer and resident futurist, identifying long-term industry trends that helped set the company's strategic direction.

Stephens will continue to work with Best Buy on a project-by-project basis, and will also continue to identify strategic opportunities for the company and provide his "insights and ideas on the Geek Squad brand and culture," CEO Brian Dunn said.

Dunn described Stephens as "our advance technology scout" and a born entrepreneur. "Frankly, I knew it was only a matter of time before his curiosity and his desire to create something new would lead him to look outside the walls of Best Buy," he said.

Stephens plans to relocate to California.


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