Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On April 24, 2023, in accordance with the director retirement policy within
the Corporate Governance Principles of Best Buy Co., Inc. ("Best Buy" or the
"registrant" or the "Company"), director Thomas L. Millner tendered a letter to
the registrant's Board of Directors (the "Board"), stating his intent to retire
from, and not stand for re-election to, the Board effective as of the end of his
term on June 14, 2023, the date of the Company's Regular Meeting of
Shareholders. The Company's Corporate Governance Principles require a
non-executive director to tender a letter of resignation at the expiration of
their term five years after having ceased to pursue the primary career they were
pursuing at the time they were first appointed to the Board. Consistent with the
Company's Corporate Governance Principles, the Board accepted Mr. Millner's
tender to retire.
Mr. Millner has served as a director since January 2014 and is the Audit
Committee Chair and a member of the Nominating, Corporate Governance and Public
Policy Committee. The Board has appointed Mr. Mario J. Marte, a current member
of the Company's Audit Committee, to be the Audit Committee Chair effective as
of Mr. Millner's retirement.
Mr. Millner did not indicate any disagreements with the Company or the Board in
conjunction with his resignation.

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