Best Buy CEO Gets $6.6 Million Severance Despite 'Personal Relationship' With Worker

AP
Best Buy CEO Gets $6.6 Million Severance Despite 'Personal Relationship' With Worker
Brian Dunn

NEW YORK -- Best Buy said Monday its founder Richard Schulze is stepping down as chairman after an investigation found that he knew that the CEO was having a relationship with a female employee and failed to alert the audit committee.

The company also said that despite the fact that its audit committee found that then-CEO Brian Dunn violated company policy by having a "close personal relationship" with a female employee, he gets a severance package worth about $6.6 million.