Mario Jesus  Marte net worth and biography

Mario Marte Biography and Net Worth

Director of Best Buy
Best Buy Co. Inc. today announced that Mario J. Marte, an accomplished finance and e-commerce executive, has been appointed to its board of directors, effective immediately.


Marte is the chief financial officer of Chewy Inc., the leading online pet retailer, whose mission is to be the most trusted and convenient online destination for pet parents (and partners) everywhere. One of the standout IPOs in 2019, Chewy partners with more than 2,000 brands and employs more than 18,000 team members.

Joining Chewy in April 2015, Marte brought with him nearly two decades of business experience, including senior finance roles at Hilton Worldwide and finance and management consulting positions at American Airlines and Accenture. His in-depth professional experience has made him an expert in financial planning and analysis, treasury, strategy, risk management and commercial and operations finance.

“Among the e-commerce retailers those of us at Best Buy admire the most, Chewy is high on the list. They have achieved a market-leading position through a clearly stated mission and a clear determination to innovate and serve their customers — and their pets — with excellence,” Best Buy CEO Corie Barry said. “Mario has played a key role in this success story and brings to our board not just 20 years of finance experience but the kind of diverse, strategic thinking we are thrilled to have as we continue our progress towards our 2025 goals.”

“Best Buy’s mission as a company — to enrich lives — is strikingly similar to how we operate at Chewy, with both companies obsessed with serving our customers better than anyone in our respective categories,” Marte said. “Having watched Best Buy’s performance over the years and long-admired its vision and executional acumen, I am honored to join the board and to build upon the momentum generated by this impressive team.” 

Marte holds a bachelor’s degree in computer engineering from the University of South Florida and an M.B.A. from Duke University’s Fuqua School of Business.

What is Mario Jesus Marte's net worth?

The estimated net worth of Mario Jesus Marte is at least $18.36 million as of June 28th, 2023. Mr. Marte owns 203,023 shares of Best Buy stock worth more than $18,359,370 as of October 31st. This net worth approximation does not reflect any other assets that Mr. Marte may own. Learn More about Mario Jesus Marte's net worth.

How do I contact Mario Jesus Marte?

The corporate mailing address for Mr. Marte and other Best Buy executives is 7601 PENN AVE SOUTH, RICHFIELD MN, 55423. Best Buy can also be reached via phone at (612) 291-1000 and via email at [email protected]. Learn More on Mario Jesus Marte's contact information.

Has Mario Jesus Marte been buying or selling shares of Best Buy?

Mario Jesus Marte has not been actively trading shares of Best Buy within the last three months. Most recently, Mario Jesus Marte sold 8 shares of the business's stock in a transaction on Monday, April 4th. The shares were sold at an average price of $94.34, for a transaction totalling $754.72. Following the completion of the sale, the director now directly owns 2,725 shares of the company's stock, valued at $257,076.50. Learn More on Mario Jesus Marte's trading history.

Who are Best Buy's active insiders?

Best Buy's insider roster includes Whitney Alexander (Insider), Corie Barry (CEO), Robert Bass (Insider), Matthew Bilunas (CFO), Jason Bonfig (Insider), Deborah Eldracher (Insider), Matthew Furman (Insider), Damien Harmon (Insider), Todd Hartman (Insider), Hubert Joly (Director), Mario Marte (Director), Rajendra Mohan (COO), Allison Peterson (Insider), Kathleen Scarlett (Insider), Richard Schulze (Chairman), Brian Tilzer (Insider), and Mathew Watson (CAO). Learn More on Best Buy's active insiders.

Are insiders buying or selling shares of Best Buy?

In the last twelve months, insiders at the technology retailer sold shares 21 times. They sold a total of 4,122,189 shares worth more than $344,921,625.75. The most recent insider tranaction occured on July, 24th when Chairman Richard M Schulze sold 88,542 shares worth more than $7,813,831.50. Insiders at Best Buy own 0.6% of the company. Learn More about insider trades at Best Buy.

Information on this page was last updated on 7/24/2024.

Mario Jesus Marte Insider Trading History at Best Buy

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
4/4/2022Sell8$94.34$754.722,725View SEC Filing Icon  
3/17/2022Buy8$99.29$794.322,725View SEC Filing Icon  
1/21/2022Sell2$96.45$192.902,725View SEC Filing Icon  
1/12/2022Buy2$102.69$205.382,725View SEC Filing Icon  
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Mario Jesus Marte Buying and Selling Activity at Best Buy

This chart shows Mario Jesus Marte's buying and selling at Best Buy by year and by quarter.

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Best Buy Company Overview

Best Buy logo
Best Buy Co., Inc. engages in the retail of technology products in the United States, Canada, and international. Its stores provide computing and mobile phone products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness products, portable audio comprising headphones and portable speakers, and smart home products, as well as home theaters, which includes home theater accessories, soundbars, and televisions. The company's stores also offer appliances, such as dishwashers, laundry, ovens, refrigerators, blenders, coffee makers, vacuums, and personal care; entertainment products consisting of drones, peripherals, movies, and toys, as well as hardware and software, and virtual reality and other software products; and other products, such as baby, food and beverage, luggage, outdoor living, and sporting goods. In addition, it provides delivery, installation, memberships, repair, set-up, technical support, health-related, and warranty-related services. The company offers its products through stores and websites under the Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, Buy Mobile, CST, Current Health, Geek Squad, Lively, Magnolia, Pacific Kitchen, Home, TechLiquidators, and Yardbird brands, as well as domain names comprising bestbuy.com, currenthealth.com, lively.com, techliquidators.com, yardbird.com, and bestbuy.ca. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was incorporated in 1966 and is headquartered in Richfield, Minnesota.
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Today's Range

Now: $90.43
Low: $89.30
High: $90.72

50 Day Range

MA: $96.67
Low: $85.78
High: $103.30

2 Week Range

Now: $90.43
Low: $62.30
High: $103.71

Volume

2,669,738 shs

Average Volume

2,997,066 shs

Market Capitalization

$19.42 billion

P/E Ratio

15.59

Dividend Yield

4.06%

Beta

1.46