Hubert Joly

Hubert Joly

Board Member at Johnson & Johnson
Company Tenure: 4 years
Education:
Paris Institute of Political Studies (HEC Paris)
Biography:

Mr. Joly served as the Executive Chairman of Best Buy Co., Inc. from June 2019 to June 2020, having joined the company in 2012 as President and Chief Executive Officer and becoming Chairman, President and Chief Executive in 2015. From 2004 to 2008, he was Global President and Chief Executive Officer, Carlson Wagonlit Travel, and then served as President and Chief Executive Officer of Carlson Companies from 2008 to 2012. In 1999, he joined Vivendi as Global Chief Executive Officer, Vivendi Universal Games, and was later appointed Executive Vice President of U.S. Assets and Deputy Chief Financial Officer of Vivendi Universal. Prior roles included, from 1996 to 1999, Vice President, Europe and President of Electronic Data Systems France and, from 1983 to 1996, McKinsey & Company, eventually serving as Partner. Mr. Joly is a Senior Lecturer of Business Administration at Harvard Business School and serves on the Board of Directors of Sciences Po Foundation, the Board of Trustees of the Minneapolis Institute of Art, the New York Public Library and the International Advisory Board of his alma mater, HEC Paris.

Profile Details

Total Political Contributions More information

Republican Support
Democratic Support
$73,600 $122,100

Affiliated Companies

Key Statements

“Similarly, at the Executive Leadership Council, which is an organization that seeks to promote racial diversity, in particular the advanced black leaders in companies, it was the four general counsels of four of the foremost companies in the country. Talk about the fact that you can actually have a forceful strategy around racial diversity and be in compliance with the law. If your general counsel tells you you can't discriminate in a positive fashion, get a new general counsel.”<br />

“At Best Buy, at some point, I decided that we need to really make progress on racial diversity. So we told the headhunter in charge of helping us recruit new board members, don't bother giving us resume of non-black directors, and if you feel you are not able to find qualified black directors, it's okay, we don't have a problem with it. We'll just work with another firm. It's okay. We don't care.”

“Sometimes just speaking about an issue can work. When Marc Benioff, the CEO of Salesforce, called then Governor Mike Pence, governor of Indiana, and say, “you know, this bill around LGBTQ plus employees, we don't like this. We don't think it's good for employees, so we're just going to leave.” Governor Pence said, “Oh, sorry, some spelling mistakes in our bill. We're just going to correct it.” Right? So you have leverage, but you need to be sure that if you're going to do something, it needs to be effective.”