Sundar PichaiSundar Pichai earned $164M in 2023

Corie Barry has been the CEO of Best Buy since 2019, after impressively climbing the ranks over 20 years with the company. She holds degrees in accounting and management from the College of St. Benedict and brings strong financial skills...

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Corie Barry

CEO of Best Buy

Education

Bachelor's degrees in accounting and management from the College of St. Benedict

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Consumer Cyclical

Born

September 28, 1975 - 49 years ago

CEO of Best Buy for

5 years 9 months (Jun 2019 - Present)

Previous Experience

Chief Financial Officer, Chief Strategic Transformation Officer, Chief Strategic Growth Officer

Holdings

See how much did Corie Barry make over time.

Corie Barry has made significant transactions related to her stock holdings in Best Buy. In 2019, her holdings began at $8.12 million and reached $20.72 million by March 2021, showing a striking increase as she successfully navigated her leadership role....

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Total Stock Sold

$29.19M

BBY

$29.19M

340,804 BBY shares

What if they kept their stock?

If Corie Barry didn't sell their stock, today they would have:
Extra BBY340,804 shares worth $20.50M.
This is -29.77% and $8.69M less than what they got when they sold the stock.

Charitable Transactions

BBY

24,296 shares

BBY

Recent Charitable Transactions

BBY

10,652 shares

BBY

Sep 22, 2023

Charity

BBY

9,644 shares

BBY

Mar 9, 2022

Charity

BBY

2,644 shares

BBY

Mar 16, 2021

Charity

BBY

1,356 shares

BBY

Jan 12, 2021

Charity

Insider Trading

See recent insider trades of Corie Barry.

BBY

93,223 shares

BBY

Mar 20, 2025

Received

BBY

$7.69M

BBY at $96.34/share

Sep 11, 2024

Sale

DPZ

385 shares

DPZ

Apr 25, 2024

Received

BBY

$27.73K

BBY at $75.76/share

Apr 17, 2024

Sale

BBY

$2.29M

BBY at $81.80/share

Mar 22, 2024

Sale

BBY

79,527 shares

BBY

Mar 20, 2024

Received

BBY

10,652 shares

BBY

Sep 22, 2023

Charity

BBY

$1.25M

BBY at $71.82/share

Jun 1, 2023

Sale

BBY

34,570 shares

BBY

May 30, 2023

Received

DPZ

531 shares

DPZ

Apr 25, 2023

Received

Compensation History

See how much did Corie Barry make over time.

In 2023, Corie Barry's total compensation at Best Buy was approximately $3.27 million, with a substantial part coming from a performance-based bonus. This bonus was linked to goals like revenue and sustainability metrics, emphasizing her focus on driving the company forward. Instead of relying on stock options, her compensation plan leans heavily on this performance-based approach, which creates a direct link between her success as CEO and the company's performance. Her cash salary was $1.3 million, reflecting a competitive rate for someone in her position leading a major retailer. Previous years saw her compensation vary widely, with total compensations ranging from around $1.7 million to over $15 million, depending on performance and company results. This variance shows how closely her interests are tied to the achievements of Best Buy and its growth strategy.

Year

2023

Total Compensation

$3.27M

Salary

$1.30M

Board Justification

The compensation philosophy is performance-based, designed to align executive compensation with shareholder interests, focusing on attracting top talent and rewarding performance through variable compensation.

Bonus

$1.97M

Board Justification

The bonus is based on the fiscal 2024 short-term incentive plan, which includes performance metrics tied to enterprise operating income, enterprise revenue, and corporate responsibility & sustainability goals.

Other

$0.00

Board Justification

No additional compensation was reported outside of salary, bonus, and stock options for 2023.

Restricted Stock

$0.00(0 Restricted Stock Units (RSUs))

Board Justification

No stock was vested in 2023 as the focus is on the performance share awards and time-based restricted shares that vest over time.

Performance Metrics

The performance metrics for fiscal 2024 included enterprise operating income (45%), enterprise revenue (35%), and corporate responsibility & sustainability (20%).

Other Best Buy CEOs

Here are other CEOs of Best Buy