Best Buy hired former Williams- Sonoma Chief Financial Officer Sharon McCollam as CFO as the world’s largest consumer- electronics retailer seeks to reduce its store count and strengthen its online operations.
McCollam, 50, starts Dec. 10 and also will serve as chief administrative officer, Best Buy said Monday. She retired from Williams- Sonoma in March. Jim Muehlbauer, Best Buy’s finance chief, said last month that he would step down from the role. Chief Executive Officer Hubert Joly is hiring McCollam as he works to boost sales.
JOIN THE DISCUSSION | Register here
We welcome comments. Please keep them civil, short and to the point. ALL CAPS, spam, obscene, profane, abusive and off topic comments will be deleted. Repeat offenders will be blocked. Thanks for taking part — and abiding by these simple rules. A thorough explanation of rules of conduct can be found in our Terms of Service. If you have any questions, including why your comment may not be showing immediately after you submit it, be sure to visit the commenting FAQ.