Michael Mohan - Best Buy Chief Merchandising Officer

BBY Stock  MXN 1,285  75.00  5.51%   

Executive

Mr. R. Michael Mohan is appointed as President, Chief Operating Officer of the Company, effective June 11, 2019. He is currently Senior Executive Vice President and Chief Merchandising and Marketing Officer of Best Buy Co Inc. He is responsible for the category management, merchandising, marketing, supply chain and Best Buy Direct functions for Best Buys core U.S. business. Prior to his current role, he served as chief merchandising officer from 2014 to 2017 president, home from 2013 to 2014 senior vice president, general manager home business group from 2011 to 2013 senior vice president, home theatre from 2008 to 2011 and vice president, home entertainment from 2006 to 2008. Prior to joining Best Buy in 2004 as vice president, digital imaging, Mr. Mohan was vice president and general merchandising manager for Good Guys, an audiovideo specialty retailer in the western U.S. Mr. Mohan also previously worked at Future Shop in Canada from 1988 to 1997, prior to our acquisition of the company, where he served in various merchandising roles since 2019.
Age 50
Tenure 5 years
Phone612 291 1000
Webhttps://investors.bestbuy.com/investor-relations/o
Mohan serves on the board of directors for Bloomin’ Brands, a hospitality industry company that owns several American casual dining restaurant chains, and as a national trustee for the Boys & Girls Clubs of America.

Best Buy Management Efficiency

The company has return on total asset (ROA) of 0.0698 % which means that it generated a profit of $0.0698 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.4264 %, meaning that it generated $0.4264 on every $100 dollars invested by stockholders. Best Buy's management efficiency ratios could be used to measure how well Best Buy manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 1.22 B in total debt with debt to equity ratio (D/E) of 120.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Best Buy has a current ratio of 1.1, suggesting that it is in a questionable position to pay out its financial obligations in time and when they become due. Debt can assist Best Buy until it has trouble settling it off, either with new capital or with free cash flow. So, Best Buy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Best Buy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Best to invest in growth at high rates of return. When we think about Best Buy's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

EXECUTIVE Age

Mike BergerAir Transport Services
56
Begona GarciaGrupo Sports World
N/A
Edward IIIAir Transport Services
52
Michael BergerAir Transport Services
61
Xavier DuenasGrupo Sports World
44
Luis EchevarriaSouthern Copper
N/A
Fabian CarpioGrupo Sports World
N/A
Jesus GonzalezGrupo Sports World
44
Hans RoyleSouthern Copper
63
Ana JoachinGrupo Sports World
N/A
Andres GhislieriSouthern Copper
54
Rafael AbadSouthern Copper
54
Julian LazaldeSouthern Copper
47
Roberto CelorioGrupo Sports World
N/A
Lina VingerhoetsSouthern Copper
54
Paul ChaseAir Transport Services
N/A
Andres FerreroSouthern Copper
46
Agustin MartinezSouthern Copper
60
Antonio RodriguezGrupo Sports World
N/A
Roberto RangelGrupo Sports World
N/A
Federico MedellinGrupo Sports World
N/A
Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. Best Buy Co., Inc. was founded in 1966 and is headquartered in Richfield, Minnesota. Best Buy operates under Specialty Retail classification in Mexico and is traded on Mexico Stock Exchange. It employs 125000 people. Best Buy Co (BBY) is traded on Mexican Exchange in Mexico and employs 57,750 people.

Management Performance

Best Buy Leadership Team

Elected by the shareholders, the Best Buy's board of directors comprises two types of representatives: Best Buy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Best. The board's role is to monitor Best Buy's management team and ensure that shareholders' interests are well served. Best Buy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Best Buy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sharon McCollam, CFO and Chief Admin. Officer
Michael Mohan, Chief Merchandising Officer
Gerard Vittecoq, Independent Director
Brian Tilzer, Analytics Digital
Shari Ballard, Chief HR Officer and President of U.S. Retail
Paula Baker, Chief Human Resource Officer
J Doyle, Director
Jason Bonfig, Ex Officer
Claudia Munce, Director
Karen McLoughlin, Director
Todd Hartman, Executive Vice President Chief Compliance Officer, Chief Risk Officer, General Counsel, Secretary
Thomas Millner, Independent Director
Corie Barry, CEO Director
Cindy Kent, Director
Matthew Bilunas, Ex CFO
Christopher Askew, President Services
Keith Nelsen, Executive VP, General Counsel and Secretary
David Kenny, Independent Director
Eugene Woods, Director
Trish Walker, President Services
Richard Schulze, Founder Emeritus
Mollie Obrien, Senior Director of Investor Relations
Hubert Joly, Chairman, CEO and Pres
Mathew Watson, Chief Accounting Officer, Vice President - Finance, Controller, Principal Accounting Officer
Kathy Victor, Independent Director
Patrick Doyle, Independent Director
Joseph Doyle, Independent Director
Russell Fradin, Independent Director
Richelle Parham, Director
Lisa Caputo, Independent Director
Asheesh Saksena, Chief Strategic Growth Officer
Kamy Scarlett, Chief Human Resource Officer
Mary Kelley, President e-Commerce
Greg Revelle, Chief Marketing Officer
Bradbury Anderson, Independent Director
Damien Harmon, Ex Omnichannel

Best Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Best Buy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Best Buy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Best Buy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Best Buy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Best Stock

  0.84EBAY eBay IncPairCorr
  0.66GIGANTE Grupo Gigante SPairCorr

Moving against Best Stock

  0.75MELIN MercadoLibrePairCorr
The ability to find closely correlated positions to Best Buy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Best Buy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Best Buy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Best Buy Co to buy it.
The correlation of Best Buy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Best Buy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Best Buy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Best Buy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Best Buy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Best Buy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Best Buy Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Best Buy Co Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Best Buy Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Best Stock analysis

When running Best Buy's price analysis, check to measure Best Buy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Best Buy is operating at the current time. Most of Best Buy's value examination focuses on studying past and present price action to predict the probability of Best Buy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Best Buy's price. Additionally, you may evaluate how the addition of Best Buy to your portfolios can decrease your overall portfolio volatility.
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Please note, there is a significant difference between Best Buy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Best Buy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Best Buy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.