Richard Schulze, chairman emeritus, Best Buy Co. Inc.

January 4, 2014 at 11:26PM
Richard Schulze
Richard Schulze (The Minnesota Star Tribune)

Richard Schulze

Title: Chairman emeritus, Best Buy Co. Inc.

Summary: Forced off the board in 2012, Schulze was welcomed back as chairman emeritus by new CEO Hubert Joly.

What happened: Comfortable with Joly's leadership, Schulze said he would focus on donating nearly $1 billion in coming years to his Schulze Family Foundation, which focuses on education, youth and health issues. In recent months, he has sold more than $200 million in Best Buy stock to finance the foundation.

Neal ST. Anthony

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