BestBuy.com, Inc. Appoints Executives.MINNEAPOLIS--(BUSINESS WIRE)--Nov. 2, 1999-- Best Buy Subsidiary Announces VP Appointments BestBuy.com, Inc., the wholly owned Internet subsidiary of Best Buy Co., Inc, the nation's largest consumer electronics retailer, announced today the appointment of three new vice presidents to the recently created organization. Connie Furhman, Weimin Lu and Daniel Moe, previously in senior managerial positions with Best Buy, have assumed key executive positions with BestBuy.com. Connie Fuhrman has been named Vice President, Fulfillment ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. and Inventory for BestBuy.com. In this role, Fuhrman will be responsible for developing the supply chain, inventory management and fulfillment systems necessary to deliver BestBuy.com's broad assortment assortment /as·sort·ment/ (ah-sort´ment) the random distribution of nonhomologous chromosomes to daughter cells in metaphase of the first meiotic division. as·sort·ment n. of products to consumers. Fuhrman was previously Vice President - Process Development for Best Buy's inventory management team. Prior to joining Best Buy in 1995, Fuhrman was with Musicland Group, where she spend 17 years in positions including inventory management, buying, planning and systems development. Weimin Lu joins BestBuy.com as Vice President of Technology, where he will lead the development of the Company's systems infrastructure and Web applications. Lu previously served as Best Buy's Director of Data Warehousing See data warehouse. data warehousing - data warehouse where he built an industry leading data repository See repository. and decision support system. Lu has been a featured speaker at several technology and industry events regarding innovative applications of database technologies. Daniel Moe has been named Vice President of Merchandising merchandising Element of marketing concerned especially with the sale of goods and services to customers. One aspect of merchandising is advertising, which aims to capture the interest of the segment of the population most likely to buy the product. for BestBuy.com. In this role, he will manage relationships with BestBuy.com's multiple vendors, and execute pricing and promotional strategies. Prior to accepting this new position, Moe served as Best Buy's merchandise manager for audio products, and held a variety of other merchandise management roles over a 20-year career with Best Buy, PharMor Inc. and in the office products industry. "A key goal in the creation of the BestBuy.com subsidiary was to foster the recruitment of experienced talent," said BestBuy.com President John C. Walden. "Each of these newly appointed officers brings unique talents and expertise in areas that are critical to building a strong infrastructure for the Internet business. In addition, their experience with Best Buy will enable them to leverage Best Buy resources to achieve cost efficiency and superior customer service levels." Minneapolis-based Best Buy Co., Inc. (NYSE NYSE See: New York Stock Exchange : BBY BBY Best Buy (stock symbol) BBY Before Battle of Yavin (Star Wars) BBY BeBeyond (Chinese online community) ) is the nation's largest volume specialty retailer of consumer electronics, personal computers, entertainment software and appliances through 344 stores in 37 states, and currently offers CDs and DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. movies online at www.bestbuy.com. |
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