According to the Consumerist: Earlier this week, Best Buy
unveiled a new CEO in the form of hotel/restaurant exec Hubert Joly. And now
come the details of just how well Joly will be compensated -- even if he is
never able to actually do the job he's been hired to do.
See, Hubert is a French citizen, which means he's got to
wait for visa approval in order to take the job. But Best Buy's hometown
newspaper the Minneapolis Star-Tribune reports that Joly would receive a $6.25
million payment from the electronics retailer if the visa is denied.
Of course, that's highly unlikely, as we're talking about
the head of a multibillion dollar retail giant and not some college kid looking
for a summer job…..
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