Best Buy Steals Starbucks' CIO to Run eCommerce

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Best Buy Co. hired Stephen Gillett away from his role as chief information officer at Starbucks by creating a new position for him: President of Best Buy Digital and Global Business Services.

Related: Starbucks Replaces Lost CIO with Two Promotions

In a release announcing the hire, Best Buy highlights several of Gillett’s most recent accolades, including being named to Fortune's "Executive Dream Team," Information Week's "Chief of the Year," and Fortune's "40 Under 40" list in 2011. In 2010, he received the Aspen Institute Henry Crown Fellowship.

"E-commerce is one of the fastest-growing sales channels for our business as demonstrated by the strong year-to-year online sales growth during the past two quarters and December. We want to build on that momentum and Stephen's track record makes it clear that he can help us engage customers online in ever more compelling ways," said Best Buy CEO Brian Dunn. The full statement is available online.