Best Buy has promoted Matt Bilunas, the company’s svp/enterprise and merchandise finance, to chief financial officer, effective July 29, 2019.
A 13-year veteran of Best Buy, Bilunas has risen through the company’s finance organization and has held both corporate and field roles along with domestic and international positions. As the svp/enterprise and merchandise finance since 2017, he has been responsible for the company’s planning processes, including strategic planning, annual budgeting, monthly forecasting and capital planning.
Bilunas fills the role that was previously held by Best Buy CEO Corie Barry. Barry was elevated from CFO to CEO in June, in conjunction with Hubert Joly’s transition to executive chairman of the board of directors.
“Matt has been a key finance leader for a number of years and has played a very important role in creating and implementing our growth strategy,” Barry said. “After working closely with him for more than a decade, I trust him and am completely confident that his experience, skills and commitment to the company’s continued growth make him the perfect choice for this role.”