Tuesday, July 8, 2014
(Minneapolis, MN) -- Best Buy C-E-O Hubert Joly is resigning unexpectedly as chairman of the board of the Minneapolis Institute of Arts. Joly says he is stepping down after beginning a relationship with an unmarried woman on the museum's staff. He says he gave up the post to avoid any appearance of a conflict of interest. His resignation is effective at the end of the board's next meeting on July 17th.