Product Development, Private Label, Merchant, Emerging Business, Consumer Electronics, Rocket Scientist (really!)
Rick is a partner in the Sprosty Network, founder of the RetailXelerator program, a Distinguished Visiting Scholar with Stanford University’s mediaX program, and a startup company board member. He is a respected and entrepreneurial industry leader who has built innovative businesses in the consumer electronics, retail, and aerospace industries. Most recently, Rick created Best Buy’s Global Private Label Consumer Electronics business, the company’s most profitable internal startup. Prior to that, Rick helped lead Best Buy’s New Business Consumer Solution Group to create, incubate, and accelerate innovative new global business opportunities.
Rick’s career has spanned management roles ranging from a $4B retail business, to a $10M startup; and consumer product development for Best Buy and Kodak. He has served in General Management, Product Development, Sales, IT, Business Development, Marketing and Operations roles, and began his career launching satellites at Hughes.