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To keep growing, incoming Best Buy CEO says he first wants to go smaller

First publishedAug 1, 12:00 UTC
Last updatedAug 1, 14:33 UTC · 22m ago
11 outletCNBC Top News
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Answer

As incoming CEO Jason Bonfig prepares to take the reins, he told CNBC he's focused on expanding the company's reach and enhancing the customer experience.

Reported by 1 outlet CNBC Top News. See all sources ↓

Jason Bonfig is set to become the new CEO of Best Buy. He told CNBC that he wants to make the company smaller first. Bonfig believes a smaller size will improve customer service and help the business grow later. He will start his role soon.

Why it matters

Best Buy is one of the biggest electronics stores in the U.S. Changes in its leadership can affect product prices, store hours, and the shopping experience for customers.

In brief
Who is the incoming CEO of Best Buy?
Jason Bonfig is the incoming CEO.
What does he want to do before growing the company?
He wants to make the company smaller first.
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    To keep growing, incoming Best Buy CEO says he first wants to go smaller

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