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.
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