Restaurant giant heads to Best Buy to expand board

TAMPA — The board of directors of Bloomin' Brands Inc. elected Mike Mohan as a director of the company, effective Oct. 20. Mohan will also serve on the Tampa-based restaurant company's compensation committee.

The appointment increases the size of the board to eight members, six of whom are independent.

Mohan serves as Best Buy's senior executive vice president and chief merchandising and marketing officer.

"Mike played a key role in reinvigorating the customer experience at Best Buy, and is now focused on helping drive Best Buy's future growth," states Liz Smith, Bloomin' Brands board chairwoman, in a news release. "That expertise, coupled with his digital marketing acumen, makes him uniquely suited for our board as we continue to drive sustainable long-term growth."

According to the release, Mohan has nearly 30 years of retail and management experience.

The Bloomin' Brands portfolio of eateries includes Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill and Fleming's Prime Steakhouse & Wine Bar.