After resigning from the company he founded and later attempting to buy it back in pursuit of privatization, Richard Schulze has returned to Best Buy. According to a joint announcement, Schulze will take on the title of Chairman Emeritus — a ceremonial role that likely won't grant him much direct control over the big box retailer, but reinforces Schulze's standing in Best Buy's corporate ladder. "My dedication to the company that I founded and love is unwavering," Schulze said in a statement.
The relationship between Best Buy and Schulze first began to unravel in May of last year. The executive suddenly resigned after failing to disclose an inappropriate relationship between then-CEO Brian Dunn and a female colleague to the company's...
via The Verge - All Posts http://www.theverge.com/2013/3/25/4144552/best-buy-ousted-founder-schulze-returns-after-failed-buyout-attempt
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