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The charts on this page feature a breakdown of the total annual pay for the top executives at BEST BUY CO INC as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. BEST BUY CO INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. BEST BUY CO INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Kamy Scarlett
Senior Executive Vice President Corporate Affairs, Human Resources & Best Buy Canada
Total Cash $1,987,102 Equity $2,499,908 Other $94,963 Total Compensation $4,581,973
Corie Barry
Chief Executive Officer
Total Cash $3,297,101 Equity $10,999,540 Other $147,240 Total Compensation $14,443,881
Matt Bilunas
Senior Executive Vice President Enterprise Strategy and Chief Financial Officer
Total Cash $1,929,935 Equity $2,999,905 Other $77,309 Total Compensation $5,007,149
Todd Hartman
Executive Vice President, General Counsel, Chief Risk Officer and Secretary
Total Cash $1,544,375 Equity $1,499,992 Other $68,470 Total Compensation $3,112,837
Damien Harmon
Senior Executive Vice President Customer, Channel Experiences & Enterprise Services
Total Cash $1,320,247 Equity $1,499,992 Other $106,970 Total Compensation $2,927,209
For its 2024 fiscal year, BEST BUY CO INC, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Corie Barry CEO Pay $14,443,881 Median Employee Pay $32,656 CEO Pay Ratio 442:1
For its 2023 fiscal year, BEST BUY CO INC, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Claudia F. Munce Total Cash $295,043
David W. Kenny Total Cash $315,043
Eugene A. Woods Total Cash $295,043
J. Patrick Doyle Total Cash $495,067
Karen A. McLoughlin Total Cash $315,043
Lisa M. Caputo Total Cash $315,043
Mario J. Marte Total Cash $295,043
Richelle P. Parham Total Cash $295,043
Steven E. Rendle Total Cash $295,043
Thomas L. Millner Total Cash $320,043

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.