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Best Buy CEO resigns, shares fall

from Rochester Democrat and Chronicle

Shares of big-box retailer Best Buy Co. recently fell to a 52-week low as CEO Brian Dunn resigned abruptly over what the company said was a personal conduct issue. "Certain issues were brought to the board's attention regarding Mr. Dunn's personal conduct, unrelated to the company's operations or financial controls, and an audit committee investigation was initiated," said Best Buy spokeswoman Claire Koeneman. "Prior to the completion of the investigation, Mr. Dunn chose to resign." more

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