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AI brief of an SEC Form 8-K · Best Buy (BBY)

Best Buy CFO Matt Bilunas to step down July 31; external search underway

Neutral Impact 4 of 5 leadership Written later

Best Buy said CFO Matt Bilunas will leave the company effective July 31, 2026, after 20 years with the company, including seven as CFO. The company has engaged an external search firm and expects to name a successor with previous CFO experience, while CEO Corie Barry may provide financial oversight during the transition if needed. The CFO change comes ahead of Jason Bonfig taking over as CEO on November 1, 2026.

Key points

  • Matt Bilunas, Senior EVP, CFO and Enterprise Strategy, departs effective July 31, 2026
  • Best Buy has engaged an external search firm and expects a successor with prior CFO experience
  • Jason Bonfig becomes the company's sixth CEO on November 1, 2026
  • Bilunas will receive separation benefits under the ERISA plan described in the April 30, 2026 proxy statement

The filing

CompanyBest Buy (BBY)
Form8-K, current report
Filed with the SECJun 22, 2026, 4:10 PM ET
Accession number0000764478-26-000027

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 22, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.