Corie Barry’s Net Worth, Current Position, Biography, and Family Details

It’s always wonderful to hear about women who have risen to the top of the corporate world with their hard work and excellence. Corie Barry, a successful American business leader and a corporate icon, perfectly exemplifies this profile.

Corie Barry is a business executive, renowned as the first CEO of ‘Best Buy’, a well-known American multinational electronics retail company based in Richfield, Minnesota, United States. She has been associated with the company for a long time and has a successful career, covering years in different managerial positions. 

But how much do you know about Corie Barry’s personal and professional life? Is Corie Barry married? How she balances her personal and professional life skillfully. Well! you will learn some surprising facts about her professional and personal life, including her profession, career, biography, family, income, and net worth in 2024. 

Quick Facts About Corie Barry

Corie Barry Wikipedia and Biography

Corie Barry was born in Cambridge, Minnesota, USA in 1975. While there is no detail available for Corie’s parents, little do we know that they were artisans. 

She attended high school in her hometown and graduated in 1993. She then pursued higher education at Saint Benedict, where she earned a liberal arts degree in 1997. After finishing college, she began her professional career.

Corie Barry Professional Career & Current Position

Corie Barry’s career growth is a testament to her dedication and passion. Her journey from a senior financial analyst to Best Buy CEO is truly inspiring for generations to come. Let’s take a look at her glorious career journey: 

Deloitte (1997 to 1999)

After graduation, Barry started her professional career as an auditor with two accounting firms – Deloitte and Touche LLP and obtained her CPA certification. In 1999, she met Anne Loughrey, a company representative from Best Buy, on their corporate campus for an interview. She was impressed by her compassion and decided to join the inspiring culture at Best Buy, leaving behind her accounting job.

Best Buy: From Senior Financial Analyst to CEO (1999 – Present)

Corie Barry joined Best Buy as a Senior Financial Analyst in December 1999. Since then, she has climbed the ranks of the company through various leadership roles in finance, business development, and customer solutions. 

Some of her prominent positions in Best Buy include Manager, Portfolio Allocation, Senior Director, Tertiary Finance and Field Services (Geek Squad), and Vice President, CFO and Business Development – Home Business Group. She also held the roles of senior vice president of domestic finance and interim president of Best Buy’s services division.

In 2019, Corie made history by becoming the first CEO of Best Buy. She is also the youngest person to hold this position in the company’s 53-year history. Corie has been working for Best Buy for more than two decades and has contributed to its growth and success.

Corie Barry’s Current Position

Awards, Recognitions, and Honors

Corie Barry is a powerful and influential leader in the business world. She has been recognized by Fortune Magazine as one of the Most Powerful Women in 2019, 2020 and 2023. This prestigious list honors women who have made significant impacts in their fields and society.

Corie Barry Husband & Kids

Corie Barry married her long-time boyfriend Marty in 2000. The couple has a son and a daughter who complete their family. They currently live happily in Minnesota, United States of America. 

There is not much information about her past relationships, but it is reported that she and Marty were in love for a long time before getting married.

Corie Barry Lifestyle

Corie Barry is a successful and wealthy businesswoman who enjoys a luxurious lifestyle. She owns several cars. She lives in a beautiful house in Minnesota that is worth millions of dollars. 

However, she remained cryptic about her family. She is also a philanthropist and supports various causes and charities.

Corie Barry’s Salary and Income

As a Chief Executive Officer (CEO) of Best Buy, she earned a total of $12,837,677 in the fiscal year of 2024. Corie Barry’s salary was $1,300,000 and her bonus was $456,300. 

She also received $10,999,420 worth of stock awards and $81,957 from other sources of income. These figures are based on the proxy statements that the company filed for the 2024 fiscal year.

Corie Barry’s Net Worth & Current Holdings

As the CEO of Best Buy Co. Inc., Corie Barry has an estimated net worth of around $27.57M. This is based on the 385,975 units of the company’s common stock that she owns. 

Barry has been selling some of their shares in the past 7 years, earning about $20.42M in total. The biggest sale was on June 2, 2022, when Corie Barry sold 44,619 units for more than $3.6M. 

Corie Barry has made about 55 transactions during their tenure at Best Buy Co Inc, mostly in March. The most recent sale was on June 2, 2023, when Corie Barry sold 17,382 units for over $1.25M.

Some Lesser Known Facts About Corie Barry

• Corie Barry is the first female CEO of Best Buy, a leading electronics retailer that has been in business for 53 years.
• Under her leadership, the company has achieved a market value of almost $20 billion.
• She has been with Best Buy since 1999 and has held various positions in finance and operations.
• She also serves on the board of Domino’s Pizza, a global pizza chain.
• Her favorite Hollywood actors are Tom Cruise and Angelina Jolie.
• She likes to travel to London. 
• She enjoys reading books and listening to music. She loves to eat continental cuisine.

FAQs

Who Is Best Buy CEO?

The CEO of Best Buy is Corie Barry, who became the fifth CEO in the company’s history in June 2019.

Who Is The CEO Of Best Buy Linkedin?

The CEO of Best Buy has a LinkedIn profile; you can connect with her through her official profile. 

How Much Does Corie Barry Make A Year?

As a Chief Executive Officer (CEO) of Best Buy, she earned a total of $12,837,677 in the fiscal year of 2023. Corie Barry’s salary was $1,300,000, and her bonus was $456,300. 

When Did Corie Barry Become CEO Of Best Buy?

Corie Barry became CEO of Best Buy on June 11, 2019, succeeding Hubert Joly, who led the company through a successful turnaround and became executive chairman.

What Is The Salary Of Best Buy CEO?

The salary of Best Buy CEO is $1.3 million for fiscal year 2023.

Is Corie Barry A CPA?

Yes, Corie Barry is a certified public accountant (CPA)3. She started her career as an auditor at Deloitte & Touche before joining Best Buy in 19993.

Who Owns Best Buy?

Best Buy is a public company that is owned by its shareholders. The largest individual shareholder is Hubert Joly, who owns about 1.4% of the company’s shares. The largest institutional shareholders are Vanguard Group, BlackRock, and State Street, who collectively own about 20% of the company’s shares8.

Who Is The Founder Of Best Buy?

The founder of Best Buy is Richard Schulze, who started the company as an audio specialty store called Sound of Music in 1966. He changed the name to Best Buy in 1983 and expanded the product offerings to include consumer electronics. 

What Does CTO Mean Best Buy?

CTO stands for chief technology officer, which is a senior executive position that oversees the digital, analytics, and technology functions of the company. The current CTO of Best Buy is Brian Tilzer, who joined the company in April 2020 from CVS Health.