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Print 17 comment(s) - last by Lord 666.. on May 15 at 7:57 PM


Richard Schulze
Another one bites the dust...

Best Buy is seeing sales slump as more and more people go online to purchase items at lower prices. Many consumers are now using retail stores such as Best Buy as places to go in to see and touch products that they then order online. Best Buy has also recently been hit with high-profile scandals involving high-ranking executives within the company.
 
Best Buy CEO Brian Dunn resigned last month, with the company citing “personal conduct” as the reason for his departure. That personal conduct was an inappropriate relationship with a female employee. That relationship has now cost another high-ranking Best Buy executive his position as Best Buy co-founder Richard Schulze has resigned from his position as chairman effective June 2012.
 
Schulze will leave the company in the wake of the board-supervised investigation into ex-CEO Dunn's inappropriate relationship with a 29-year-old subordinate.
 
The investigation found that Dunn had engaged in an "extremely close personal relationship" with the female worker that negatively impacted the work environment. The allegations of an inappropriate relationship within the workplace came to light in December of 2011 when the chairman was provided with a written statement from another employee about Dunn's relationship.
 
What cost Schulze his job was the fact that he didn't pass that information on to the board's audit committee. The audit committee is in charge of any ethical transgressions within the company. According to the report, Schulze confronted Dunn about the relationship and Dunn denied the allegations.
 
"I understand and accept the findings of the audit committee," Mr. Schulze, 71, said in a statement released by the company. 
 
Schulze is being replaced as chairman by Hatim Tyabji, CEO of Bytemobile.

Source: Wall Street Journal



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RE: You reap what you friggin sow...
By amanojaku on 5/15/2012 11:43:18 AM , Rating: 3
Why, because I look out for her computer? For the record, I live in my own place, and have since I was 18. A three-bedroom apartment in NYC isn't something most people live in by themselves, but I do. I haven't taken any money from my parents, having paid my own college loans for the brief time I was there. I actually had no relationship with my parents for a while, but my grandmother's death started some conversations that explained the tensions in the family. From that point on, I decided to take better care of my mom, since I resented her before then. Her computer is just one of the things I can do for her as she breaks 60, having survived breast cancer, divorce, the deaths of many people dear to her, and the realization that she may never have a steady job again due to a poor economy.

I'm very independent, I do believe people should take care of themselves, but I do not think people should take advantage of others. I don't like what Best Buy does, but it's not illegal, and it's something that is easily avoidable. Smokey Robinson even put it into a song: "My mama told me 'you better shop around'".


RE: You reap what you friggin sow...
By WoWCow on 5/15/2012 1:42:21 PM , Rating: 4
I think the idiot and 666 are trying to troll you. If not, I absolutely cannot see why the hate on a person who helps and looks out for their parents who are tech illiterate.

Either that, or they never read your post in detail.

Or maybe its something far worse; they have some real mommy and daddy issues that is still unresolved. /shrug


"Nowadays, security guys break the Mac every single day. Every single day, they come out with a total exploit, your machine can be taken over totally. I dare anybody to do that once a month on the Windows machine." -- Bill Gates














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