February 4, 2020 / 9:41 PM / 25 days ago

Best Buy board clears CEO of misconduct allegations

A sign marks a Best Buy store in Salem, New Hampshire, U.S., November 25, 2019. REUTERS/Brian Snyder

(Reuters) - U.S. consumer electronics retailer Best Buy Co (BBY.N) said on Tuesday its board cleared Chief Executive Officer Corie Barry of misconduct allegations following an independent review.

The company earlier this month said its board was conducting a review on allegations of misconduct against Barry after receiving an anonymous letter.

“Ms. Barry fully cooperated with the review, which has now concluded. The Board supports the continued leadership of the company by Ms. Barry,” the company said.

Reporting by Aishwarya Venugopal in Bengaluru; Editing by Sriraj Kalluvila

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