Best Buy Canada has announced the appointment of Mat Povse as President. He succeeds Ron Wilson, who recently retired after a 34-year career with the company.
Povse has spent the last 11 years with Best Buy Canada. Prior to his new role as president, he held several roles in the company, most recently as senior vice president of Best Buy Retail, Geek Squad Services and Best Buy Business. In that position, he and his team were responsible for hundreds of stores, thousands of Blue Shirts and Agents, and millions of customers.
During his time with Best Buy to date, Povse’s teams spearheaded transformative initiatives such as the introduction of small format stores and the launch of Best Buy Canada’s membership and Monthly Subscription programs. His teams also grew wireless, home theatre, and led the national expansion of major appliances at Best Buy Canada.
“It’s really simple,” Povse comments about his position and the type of workplace he wants to create. “It’s up to all of us to create a place we love, to spend others’ time well, and to have fun while we’re at it. It’s amazing to work for a company whose values are ones not just to work by, but to live by.”
Povse’s selection as President followed a rigorous process involving input and voting by the company’s Board of Directors, CEO, and U.S. executive team.
Best Buy Canada is a wholly owned subsidiary of Best Buy Co., Inc. The omnichannel retailer operates the Best Buy, Best Buy Mobile, Best Buy Express, and Geek Squad brands. There are more than 320 Best Buy, Best Buy Mobile, and Best Buy Express stores across Canada and an expanded assortment of lifestyle products offered through BestBuy.ca.