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Best Buy Board Investigates Former CEO

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    FBN’s Liz MacDonald on the investigation into former Best Buy CEO Brian Dunn by the company’s board.

  • Duration 3:09
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So former Best -- CEO Brian -- is under investigation for allegedly having an inappropriate relationship with a subordinate.

Here with the details from pardon these -- McDonnell.

-- it there's got to be more to this story yet and here's the issue still support this is 29 years old she was at a leadership training institute.

In Richfield Minneapolis headquarters for Best Buy up what -- the issue is is that the audit committee is probing this William nick Lucas who used to run.

The enforcement division for the SEC is now hired gun probing the matter for best buys audit committee.

Also Tom -- -- who's a big gun at powerhouse DC law firm.

Pickering -- and door is also looking into this so that's a lot of -- -- not an you know we've got Twitter we've got -- -- Twitter page for you we he's been tweeting.

Basically to people like magic Johnson and -- former NBA basketball star and -- one point you know he was saying in his Twitter page book I worked.

Past -- I think we've got if you want to see.

Brian -- Twitter page you gonna see Magic Johnson here to my friend Brian -- I heartfelt thank -- who have always given back to many Dodd has another important job for you that's Magic Johnson Johnson to Brian -- Former CEO of the Best Buy you see here he's saying he's said it I think tech geek he's an avid.

Reader he loves retail he worked past tense at Best Buy for 28 plus years so you know so this is what we're seeing coming out of the company right now of each week -- that was like his discretion -- -- -- -- -- Ervin thank you so much I appreciate that.

Vetoed the issue is is you know the sex and the CEO of the bedroom -- support room.

We've been here before right Melissa I feel like you know people like Harry stonecipher who was pushed out -- -- Even though he didn't violated any codes of conduct a Harry stonecipher was thought that been an embarrassment for the company because he had a sexual relationship with the subordinate.

The -- -- again -- you know you have Mark Hurd you know any of course.

Right Melissa and -- don't even Steve Jobs excuse me even Larry Ellison has said this -- this must idiotic.

Firing by HP since apple -- -- Steve Jobs Mark Hurd is now at Oracle.

And then it goes up to Dov Charney you know American Apparel where he was that -- -- to that -- harassing women.

And then you know the famous David Colby case that WellPoint where difficulty with the CFO of the managed care company.

And he basically allegedly had of relationships at more than a dozen women some of the same time.

So you know they runs the gamut right Melissa yeah.

Has the -- -- -- so -- it it is very kind of clear succession here is that somebody is stepping another important question because the stock was bouncing around a little bit and what we're hearing about succession plans.

Possibly Advance Auto Parts CEO.

Derrick Jackson he needs to be at Best Buy.

Sharon McCallum who is is that -- with Williams-Sonoma cheese on the radar screen to take the place Brian -- Talk CEO Julian day formerly with RadioShack.

He's also on the radar screen as well you know they tend to higher on the inside investors by saying it's gonna be a few months out before we announce our new CEO.

To sing.