Best Buy Co. has formed a selection committee to find a new chief executive after an internal investigation into former CEO Brian Dunn’s “personal conduct” led him to resign.
The group will be led by board member Kathy J. Higgins Victor and will consider candidates including interim Chief Executive Mike Mikan. Within the next few weeks, Best Buy will hire a search firm to help narrow the pool of contenders.
Caputo, previously of Citigroup, serves as a marketing and communications executive at property casualty insurer the Travelers Cos. Inc. James runs the Center for Ethical Business Cultures. Khosla is president of developing markets for Kraft Foods Inc. Victor is president of executive coaching firm Centera Corp.
Beleaguered Best Buy said this month that it will close 50 stores, including three in Southern California, by the end of the year. The chain, which also plans to launch more small-format stores, has struggled to retain customers who are increasingly heading online to buy their electronics.