01—Abstract
Summary
Summary of the 8-K filed December 1, 2025. Cited figures are marked; the original filing is the authoritative source.
Best Buy Co., Inc. filed this Form 8-K on December 1, 2025 to report the Board of Directors' election of A.
Dylan Jadeja as a director, effective immediately, on November 26, 2025. Jadeja is currently Chief Executive Officer of Riot Games, Inc., a video game developer and publisher, a role he has held since 2023 after serving as Riot's President from 2017 and joining the company as Chief Financial Officer in 2011. Before Riot, he was Co-Head of West Coast Consumer Retail Coverage at Goldman Sachs.
The filing states that Jadeja will be compensated under the company's standard director compensation policies, as described in the 2025 Proxy Statement, and that he will be assigned to a Board committee at a later date, to be disclosed in an amendment to this Current Report. He is expected to stand for election at the 2026 Regular Meeting of Shareholders. The filing reports no arrangements or understandings under which he was appointed, and no reportable related-party transactions under Item 404(a) of Regulation S-K.
A December 1, 2025 news release, furnished as Exhibit 99.1, announces the appointment. In it, CEO Corie Barry says Jadeja's expertise in consumer brands, digital commerce and serving global player communities will benefit the Board, and links his role to the company's focus on omnichannel experiences and new revenue streams. The filing contains no financial results or guidance.
02—Key points
Key Highlights
- Board appointment: A. Dylan Jadeja was elected to Best Buy's Board of Directors on November 26, 2025, effective immediately.
- Current role: Jadeja is Chief Executive Officer of Riot Games, Inc., a video game developer and publisher, and has held that position since 2023.
- Background: He previously served as Riot Games' President (from 2017) and Chief Financial Officer (joined 2011), and was Co-Head of West Coast Consumer Retail Coverage at Goldman Sachs.
- Compensation: He will receive compensation under the company's standard Board compensation policies, as disclosed in the 2025 Proxy Statement.
- Committee assignment pending: Board committee assignments have not yet been determined and will be disclosed in a future 8-K amendment.
- Re-election timing: He is expected to stand for election at the 2026 Regular Meeting of Shareholders.
- No related-party transactions: The filing reports no reportable transactions or relationships with Best Buy under Item 404(a) of Regulation S-K.
03—Questions
Frequently Asked Questions
Who is the new Best Buy director and what is his professional background?
A. Dylan Jadeja is the Chief Executive Officer of Riot Games, Inc., a video game developer and publisher, a role he has held since 2023. He was Riot's President from 2017, joined as Chief Financial Officer in 2011, and added Chief Operating Officer duties in 2014. Before Riot, he was Co-Head of West Coast Consumer Retail Coverage at Goldman Sachs, and he began his career at Kearney Management Consulting.
How is the new director compensated?
Jadeja will be compensated under Best Buy's standard Board compensation policies and practices. The components are described in the 2025 Proxy Statement, filed May 1, 2025, in the section 'Executive and Director Compensation – Director Compensation,' which is incorporated by reference.
Has Jadeja been assigned to any Board committees?
Not yet. The filing states he will be appointed to a Board committee at a later date, and any initial assignments will be disclosed in an amendment to this Current Report on Form 8-K.
Are there any conflicts of interest or related-party dealings disclosed?
The filing states there are no arrangements or understandings between Jadeja and any other person under which he was appointed, and no transactions or relationships between Best Buy and Jadeja that are reportable under Item 404(a) of Regulation S-K.
What did Best Buy say about the appointment?
In a December 1, 2025 news release (Exhibit 99.1), CEO Corie Barry said Jadeja's expertise in consumer brands, digital commerce and serving global player communities will bring critical enhancements to the Board. She linked his contribution to creating seamless omnichannel experiences and developing new revenue streams to fuel growth.
04—Continue