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NYSE: BBY BEST BUY CO INC 8-K

Best Buy appoints Anne Bramman as CFO effective Aug. 19; CEO Corie Barry serves as interim

Filed August 3, 2026 · Period ending August 1, 2026 · ~1 min read

3 key changes 1 high relevance 1 section

Key Changes

  • high

    Anne Bramman, 58, joins as CFO on Aug. 19, 2026, reporting to incoming CEO Jason Bonfig (who succeeds current CEO Corie Barry on Nov. 1). Bramman brings CFO experience from Nordstrom (2017-2022), Circana, Avery Dennison, and Carnival Cruise Line.

    Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
  • medium

    Bramman's compensation: $950,000 base salary, 150% target annual bonus, $3.25M in fiscal 2027 equity (half performance shares, half time-based), $500,000 sign-on cash, $1.25M sign-on equity, and relocation benefits.

    Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
  • medium

    Current CEO Corie Barry serves as Interim CFO from Aug. 1 until Bramman starts on Aug. 19. Barry previously held the CFO role from 2016 to 2019, providing continuity during the transition.

    Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →

Summary

Best Buy has appointed Anne Bramman as its new Chief Financial Officer, effective August 19, 2026, filling a key role as the company navigates a CEO transition. Bramman brings over 30 years of finance and operations leadership across major consumer and retail companies, including CFO stints at Nordstrom, Avery Dennison, and Carnival Cruise Line.

She will report to incoming CEO Jason Bonfig, who takes over from Corie Barry on November 1, 2026. Current CEO Corie Barry is serving as Interim CFO from August 1 until Bramman's start date, leveraging her prior experience in the role from 2016 to 2019. This provides continuity during the brief transition period.

Bramman's compensation package is structured consistently with other Best Buy executive officers, including a $950,000 base salary, 150% target bonus, and $3.25 million in fiscal 2027 equity awards split between performance and time-based shares. The appointment positions Best Buy's finance function under experienced leadership as the company executes its strategic priorities under new executive management.

Section-by-Section Diff

Event · Exhibit 99.1

Best Buy appoints Anne Bramman as CFO effective Aug. 19, 2026, bringing 30+ years of finance and operations experience.

3 Added
Added CFO appointment high

Added in current filing · view on EDGAR →

Best Buy Co., Inc. (NYSE: BBY) announced today the appointment of Anne Bramman as executive vice president and chief financial officer, effective Aug. 19.

Best Buy has appointed Anne Bramman as its new Chief Financial Officer, effective August 19, 2026. Bramman brings over 30 years of leadership experience across finance, operations, strategy and transformation. She will lead Best Buy's global finance organization and work with incoming CEO Jason Bonfig, who takes over from Corie Barry on November 1, 2026.

Added CFO background and experience medium

Added in current filing · view on EDGAR →

Prior to joining Best Buy, Bramman held leadership roles at numerous consumer, technology and industrial organizations. She most recently served as chief financial and growth officer of Circana, a leading consumer analytics company. Prior to Circana, Bramman was CFO of Nordstrom, leading the company's financial strategy, capital allocation and digital transformation efforts. She also served as CFO of Avery Dennison and Carnival Cruise Line and held senior finance leadership roles at L Brands. Today, she serves on the boards of Morningstar and McCormick & Company.

Bramman's background includes CFO roles at major public companies including Nordstrom, Avery Dennison, and Carnival Cruise Line, as well as senior finance positions at L Brands. Most recently, she served as chief financial and growth officer at Circana, a consumer analytics company. She currently serves on the boards of Morningstar and McCormick & Company, bringing relevant retail, consumer, and operational finance expertise to Best Buy.

Added CEO transition context medium

Added in current filing · view on EDGAR →

Bramman will report to Bonfig and serve on his executive leadership team as the company continues its CEO transition. Bonfig will succeed current CEO Corie Barry on Nov. 1.

The CFO appointment occurs during Best Buy's CEO transition, with Jason Bonfig set to succeed Corie Barry as CEO on November 1, 2026. Bramman will report to Bonfig and join his executive leadership team, positioning her to support the company's strategic direction under new leadership.

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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 4, 2026 · How we verify