Chief Risk & Compliance Officer, Best Buy
Todd Hartman is the Chief Risk & Compliance Officer for Best Buy Co., Inc., leading provider of products, services and solutions. In this role, he is responsible for leading the company’s enterprise risk and compliance capability across all channels and geographies. These functions include enterprise information security, data privacy, global security, enterprise risk management, enterprise fraud prevention, investigations, crisis response and operations, business continuity and disaster recovery, product safety, regulatory compliance and global business ethics. His position reports directly to the Audit Committee of the Board of Directors.
Hartman provides critical oversight and counsel to Best Buy as the company pursues its Best Buy 2020: Building the New Blue growth strategy. He oversees and manages the company’s identification and response to global threats and risks to the enterprise’s business operations and strategies. Most notably, he has developed and led the company’s efforts to address global ransomware and data privacy threats and the company’s response to recent material product recalls by its vendors. Hartman also serves as Chairman of the board of directors of the Best Buy Foundation, the company’s private foundation for its charitable giving efforts.
Prior to his current role, Hartman served as the company’s Deputy General Counsel & Chief Compliance Officer. In that role, he played a critical part in the company’s turnaround efforts, serving as international general counsel and implementing the company’s rationalization of its international holdings. Hartman led the business and legal negotiations for the Company’s exit from its European joint venture. In his role as Chief Compliance Officer, Hartman created and led Best Buy’s governance, risk and compliance program, comprised of the Company’s corporate governance, securities, FCPA, privacy, records management, ethics and regulatory compliance programs. This work was nationally recognized, most recently being named “Best Overall Legal Department in Corporate Governance” in 2013 and “Governance Team of the Year” for 2013 and 2010 by Corporate Secretary magazine. In 2011, Hartman also was named by the National Association of Corporate Directors to the NACD Directorship 100 as a “Person to Watch.”
Hartman joined Best Buy in January 2006 as Vice President, Associate General Counsel to lead the company’s intellectual property, government relations and mergers and acquisitions legal support and was named Chief Compliance Officer in September 2006. From 2008 to 2010, Hartman also served the enterprise as head of strategic alliances for its connected digital solutions business unit.
Prior to joining Best Buy, Hartman was a partner at the national law firm of Robins, Kaplan, Miller & Ciresi L.L.P. where he served a wide array of business clients, primarily focused on telecommunications and eCommerce industries. Before joining Robins, Kaplan, Miller & Ciresi, Hartman was an associate in the Washington, DC office of Willkie Farr & Gallagher, where he served as a regulatory and business counsel. In addition, he served as lead counsel to Bloomberg L.P. in its launch of its online and traditional media properties.
Hartman has been an adjunct professor in the Masters of Business Communication program at the University of St. Thomas and has published numerous articles on topics related to eCommerce and telecommunications
In 2001, Hartman was a recipient of the “40 Under 40 Award” presented by City Business magazine to top business leaders. Mr. Hartman has also been featured in Super Lawyers magazine and honored for his work by Women in Cable and Telecommunications and the Minnesota Cable Communications Association.
A Minnesota native, Hartman earned his juris doctor degree, cum laude, from Harvard Law School, where he also served as features editor of the Harvard Law Record and won the American Bar Association’s national award for feature writing in 1993. He earned his bachelor’s degree, with highest distinction, from Northwestern University. Outside of work, Hartman is an active community member, serving on the board of directors of the Guthrie Theater, where he was the Chair of the Development Committee and a member of the Executive Committee.