Best Buy Names Cognizant Technology CFO Karen McLoughlin To Board - Quick Facts

(RTTNews) - Consumer electronics retailer Best Buy Co., Inc. (BBY) said it has appointed Karen McLoughlin to its board of directors. McLoughlin is the chief financial officer at Cognizant Technology Solutions Corp. (CTSH), a Fortune 500 company and provider of information technology, business process and consulting services.

McLoughlin, aged 50, joined Cognizant in 2003 and has spearheaded several critical transformation initiatives during her time with the company. She has been the company's CFO since 2012.

Prior to joining Cognizant, McLoughlin spent six years at Spherion Corp. - SFN Group which was acquired by Randstadt in 2011, and three years at Ryder System Inc., where she held key financial management positions.