Best Buy Chairman Steps Down in Wake of CEO Scandal

Best Buy officials said Monday that former CEO Brian Dunn, who resigned after a company investigation found that he had a personal relationship with a female employee, demonstrated “extremely poor judgment and a lack of professionalism.” However, the probe found no evidence that he improperly used company resources, including the use of aircraft. In related news, Best Buy’s founder Richard Schulze has decided to step down as chairman of the board for the retail chain. The board determined that Schulze “acted inappropriately” when he failed to notify Best Buy’s Audit Committee of the allegations.