Best Buy Promotes Healy to Executive Vice President, Best Buy For Busi

Best Buy Promotes Healy to Executive Vice President, Best Buy For Business

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    Business Editors
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    MINNEAPOLIS--(BUSINESS WIRE)--Jan. 5, 2005--Best Buy Co., Inc. (NYSE:BBY) has promoted Tom Healy to executive vice president, Best Buy For Business, a new position in the company's recently-formed customer business group. Healy, age 43, reports to John Walden, executive vice president and leader of the new group which aggregates all resources that manage customer segment performance, and consolidates resources that define Best Buy for consumers.
    "Two years ago, Tom assumed leadership for Best Buy For Business, an evolving customer segment focused on providing solutions for small business owners. Under his guidance, the Best Buy For Business team developed a multi-channel strategy to provide an even higher level of service and more relevant offerings to American businesses," said Walden. "We are excited about the opportunities that accrue from our focus on the business customer. We believe Tom's deep industry expertise will enrich our capabilities in this area."
    Prior to his customer centricity assignment, Healy led Best Buy International where he oversaw the company's expansion into Canada. He previously served as senior vice president of Best Buy's Canadian operations.
    Healy joined Best Buy in 1990 as a retail general manager and served as general manager of two store locations before being promoted to district manager. Between 1998 and 2000, he was a regional vice president.
    Healy, a native of Maplewood, Minn., has a bachelor's degree in business from the Carlson School of Management at the University of Minnesota.

    About Best Buy Co., Inc.

    Best Buy Co., Inc. (NYSE:BBY) is an innovative Fortune 100 growth company that continually strives to create superior customer experiences. Through more than 780 retail stores across the United States and in Canada, our employees connect customers with technology and entertainment products and services that make life easier and more fun. We sell consumer electronics, home-office products, entertainment software, appliances and related services. A Minneapolis-based company, our operations include: Best Buy (BestBuy.com), Future Shop (FutureShop.ca), Geek Squad (GeekSquad.com) and Magnolia Audio Video (Magnoliaav.com). We support our communities through employee volunteerism and grants from The Best Buy Children's Foundation.

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CONTACT: Best Buy Co., Inc., Minneapolis Media Contact: Susan Busch, 612-291-6114 susan.busch@bestbuy.com

KEYWORD: MINNESOTA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS CONSUMER/HOUSEHOLD ENTERTAINMENT RETAIL MANAGEMENT CHANGES PHOTO PHOTOWIRE SOURCE: Best Buy Co., Inc. PHOTO: 36548

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