{"id":85309,"date":"2026-06-22T17:16:27","date_gmt":"2026-06-22T21:16:27","guid":{"rendered":"https:\/\/tvdelmarva.com\/wp\/best-buy-cfo-matt-bilunas-to-exit-role-at-end-of-july\/"},"modified":"2026-06-22T17:16:27","modified_gmt":"2026-06-22T21:16:27","slug":"best-buy-cfo-matt-bilunas-to-exit-role-at-end-of-july","status":"publish","type":"post","link":"https:\/\/tvdelmarva.com\/wp\/best-buy-cfo-matt-bilunas-to-exit-role-at-end-of-july\/","title":{"rendered":"Best Buy CFO Matt Bilunas to Exit Role at End of July"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"450\" height=\"300\" src=\"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/06\/news-1782162987145.jpg?resize=450%2C300&#038;ssl=1\" alt=\"\" class=\"wp-image-85308\" srcset=\"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/06\/news-1782162987145.jpg?w=450&amp;ssl=1 450w, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/06\/news-1782162987145.jpg?resize=300%2C200&amp;ssl=1 300w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><\/figure>\n\n\n<p>Best Buy announced Monday that its chief financial officer, Matt Bilunas, will be departing the role at the end of next month, with his last day set for July 31.<\/p><p>Bilunas first came aboard at Best Buy back in 2006 and was elevated to the top financial position in 2019, serving in that capacity for several years.<\/p><p>The leadership shake-up follows another recent change at the top of the company. Best Buy tapped Jason Bonfig to serve as its new CEO back in April, taking over from longtime executive Corie Barry.<\/p><p>The electronics retailer, which runs more than 1,000 store locations throughout North America, has been pushing to reignite its growth by leaning into online sales, expanded services, and advertising opportunities as rivalry in the retail space heats up.<\/p><p>Following the announcement, Best Buy&#8217;s stock slid roughly 3% during after-hours trading.<\/p>","protected":false},"excerpt":{"rendered":"<p>Electronics giant Best Buy announced Monday that its chief financial officer, Matt Bilunas, will be leaving his position effective July 31. Bilunas has been with the company since 2006 and has served as CFO since 2019. The news came as Best Buy continues efforts to boost growth amid increasing competition in the retail sector.<\/p>\n","protected":false},"author":4,"featured_media":85308,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[834],"tags":[],"class_list":["post-85309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/06\/news-1782162987145.jpg?fit=450%2C300&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pbtNqq-mbX","jetpack-related-posts":[{"id":73112,"url":"https:\/\/tvdelmarva.com\/wp\/best-buy-reports-strong-sales-predicts-continued-growth-amid-tech-demand\/","url_meta":{"origin":85309,"position":0},"title":"Best Buy Reports Strong Sales, Predicts Continued Growth Amid Tech Demand","author":"Admin","date":"May 28, 2026","format":false,"excerpt":"Electronics giant Best Buy exceeded first-quarter sales expectations and projects optimistic second-quarter performance driven by consistent laptop and smartphone purchases. The retailer is expanding its advertising and marketplace divisions while preparing for a CEO transition in October.","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1779967418520.jpg?fit=450%2C284&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":30960,"url":"https:\/\/tvdelmarva.com\/wp\/best-buy-exceeds-holiday-earnings-expectations-despite-consumer-spending-slowdown\/","url_meta":{"origin":85309,"position":1},"title":"Best Buy Exceeds Holiday Earnings Expectations Despite Consumer Spending Slowdown","author":"Admin","date":"March 3, 2026","format":false,"excerpt":"The nation's largest electronics retailer surpassed Wall Street profit forecasts for the fourth quarter by successfully cutting operational costs during the holiday season. Best Buy's stock jumped 12% in early trading Tuesday following the earnings announcement.","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1772545826322.jpg?fit=450%2C284&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":93780,"url":"https:\/\/tvdelmarva.com\/wp\/nvidia-supplier-plans-up-to-1-4-billion-investment-in-us-chip-testing-facility\/","url_meta":{"origin":85309,"position":2},"title":"Nvidia Supplier Plans Up to $1.4 Billion Investment in US Chip-Testing Facility","author":"Admin","date":"July 10, 2026","format":false,"excerpt":"A Taiwanese chip-testing company that supplies Nvidia is planning to pour up to $1.4 billion into a new facility in the United States. King Yuan Electronics announced the move Friday, saying the investment is aimed at fueling growth and bolstering its standing in the global supply chain. Details on the\u2026","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/07\/news-1783689472935.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":95155,"url":"https:\/\/tvdelmarva.com\/wp\/south-koreas-kospi-worlds-top-market-also-deepest-in-bear-territory\/","url_meta":{"origin":85309,"position":3},"title":"South Korea&#8217;s KOSPI: World&#8217;s Top Market Also Deepest in Bear Territory","author":"Admin","date":"July 13, 2026","format":false,"excerpt":"South Korea's stock market has staged one of the most dramatic reversals in recent financial history, soaring past 8,000 points before crashing into bear market territory with a 25% drop. Despite the steep decline, the KOSPI remains the best-performing major equity market in the world this year, up roughly 60%.\u2026","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/07\/news-1783999008327.jpg?fit=450%2C282&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":39333,"url":"https:\/\/tvdelmarva.com\/wp\/samsung-life-plans-to-sell-867-million-stake-in-samsung-electronics\/","url_meta":{"origin":85309,"position":4},"title":"Samsung Life Plans to Sell $867 Million Stake in Samsung Electronics","author":"Admin","date":"March 19, 2026","format":false,"excerpt":"Samsung Life Insurance announced Thursday it will sell 1.3 trillion won worth of its holdings in Samsung Electronics. The move aims to address regulatory compliance issues related to governance rules for financial companies in South Korea.","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1773912178298.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":40288,"url":"https:\/\/tvdelmarva.com\/wp\/buy-now-pay-later-firm-sezzle-switches-auditors-cites-control-issues\/","url_meta":{"origin":85309,"position":5},"title":"Buy Now, Pay Later Firm Sezzle Switches Auditors, Cites Control Issues","author":"Admin","date":"March 20, 2026","format":false,"excerpt":"Payment company Sezzle has terminated its relationship with auditing firm Baker Tilly and hired PricewaterhouseCoopers for 2026. 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