Best Buy Appoints Corie Barry CEO: 5 Things To Know About Retailer's First Executive

Best Buy refreshes its management team by appointing Corie Barry as the next CEO and first female chief for 53 years, replacing Hubert Joly, who will become executive chairman of the board, a newly created position.

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Barry, who is currently responsible for the financial and strategic transformation of the online retailer, joins a relatively small club; women leaders among the S & P 500 companies. While its promotion is a progress for the advancement of women, women unfortunately remain underrepresented in the main executive positions of the S & P 500 companies, currently representing a just under 5% of these positions, according to data compiled by Catalyst.

FOX Business examines Barry's background and experience in the C-Suite suite.

Climbed in the ranks:

Barry has spent more than 19 years at the retailer. She began her career as an in-house financial analyst and rose through the ranks to become a CFO, a role she has held since June 2016, according to her LinkedIn page.

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The skin in the game:

In her current role as Chief Financial Officer, Barry owns 0.03% of Best Buy shares for 2019 filings with the SEC listed in Thomson One. The present value is about $ 6 million. In comparison, Joly's interest (0.21%) is valued at $ 39.5 million.

Domino's Pizza:

She serves on the board of Domino's Pizza and is a member of the Audit Committee.

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DPZ	PIZZA DOMINOS INC	258.58	0.97	+ 0.38%

Deliotte & Touche Alum:

Prior to joining Best Buy, she was chief auditor of accounting giant Deliotte for just over two years.

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Accounting diploma:

She earned a Bachelor's degree in Accounting and Business Management from the College of Saint Benedict, a liberal arts college for women located in St. Joseph, Minnesota. Founded in 1913 by Benedictine nuns, it is the only Benedictine women's college in the country, according to the school's website, which also highlights its partnership with St. John's University in Collegeville, Minnesota.