Best Buy picks Nordstrom alum for CFO

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  "detected_at": "2026-08-05T15:11:00+00:00",
  "company": {
    "name": "Best Buy",
    "domain": "bestbuy.com"
  },
  "data": {
    "url": "https://www.retaildive.com/news/best-buy-picks-nordstrom-alum-for-cfo/827051/",
    "title": "Best Buy picks Nordstrom alum for CFO",
    "author": "Maura Webber Sadovi",
    "contact": "Matt Bilunas",
    "excerpt": "Anne Bramman succeeds Matt Bilunas, who left the retailer last month after serving as its finance chief for seven years. First published on While Best Buy has seen revenue slow in recent years, incoming CEO Bonfig’s vision includes expanding Best Buy’s reach in a number of ways including opening more medium and small-format stores and growing through secondary business such as advertising. In its note Telsey maintained its “outperform rating” on Best Buy and raised its 12-month price target to $95 from $90. “We believe Best Buy continues to execute well and maintain/gain market share in consumer electronics, based on its ability to introduce newness, leverage its scale and vendor relationships, manage costs, and operate efficiently,” the report states. Bramman has most recently worked as a senior adviser and executive coach at Boston Consulting Group, according to her LinkedIn profile. She previously served as CFO of Circana, a consumer analytics company from June 2023 to August 2024. She also worked as finance chief of department store chain Nordstrom from June of 2017 to December of 2022. She was also finance chief of Avery Dennisson and Carnival Cruise Lines. At Best Buy, Bramman’s compensation will include an annual base salary of $950,000 , according to a company filing with the U.S. Securities and Exchange Commission. She will also get a sign-on cash award of $500,000...",
    "summary": "Matt Bilunas has left his position as Chief Financial Officer at Best Buy after seven years.",
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    "job_title": "Chief Financial Officer",
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    "published_at": "2026-08-05T15:11:00Z",
    "job_title_tags": [
      "directors",
      "finance"
    ],
    "article_sentence": "Anne Bramman succeeds Matt Bilunas, who left the retailer last month after serving as its finance chief for seven years."
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