NEW YORK (AP) - Best Buy Co. plans to announce Monday it has picked the former CEO of global hospitality company Carlson as its new CEO, according to a published online report.
The Wall Street Journal says Hubert Joly is expected to take over the nation's largest consumer electronics chain in early September. Carlson, which operates such businesses as Radisson and T.G.I Friday's, announced on Sunday that Joly resigned from the top role.
Joly is expected to succeed Mike Mikan, a board member who has served as interim CEO since April when former CEO Brian Dunn left Best Buy because of what the company called an "inappropriate" relationship with an employee.
Best Buy is based in Minneapolis.