"Jim is leaving Best Buy after more than a decade with the company," said Hubert Joly, Best Buy’s President and Chief Executive Officer. "We thank him for his many contributions and, of course, wish him well in the future. I have no doubt that whoever we chose to succeed Jim will have his high degree of integrity and passion for our business."
"I’ve appreciated the opportunity to have served this organization over the past ten years and I look forward to supporting a smooth and orderly transition to my successor," said Muehlbauer.