Thursday, August 23, 2012

Hubert Joly, New Best Buy CEO, To Earn $6.25 Million Even If He's Never Able To Join Company

Best Buy?s new CEO stands to take home millions of dollars -- even if he?s legally barred from taking the job.

The electronics giant?s compensation agreement with its new CEO, Hubert Joly, includes a provision that would allow Joly, a French citizen, to net $6.25 million from Best Buy even if he can?t get proper authorization to work in the U.S. and join the company, the Minneapolis Star-Tribune reports.

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