Patel, Kal

President Asia, Enterprise EVP
Best Buy

As president of Best Buy’s business in Asia, Kal Patel leads the company’s current operations in China and Turkey. He nurtures and guides Best Buy’s branded stores in Shanghai, helps accelerate Five Star’s already impressive growth in China’s tier-two cities, and provides direction to the Best Buy’s fledgling operations in Turkey.

Before being named to his current position, Patel was executive vice president, emerging growth, leading the company’s efforts to initiate, incubate and implement global growth opportunities while increasing the enterprise’s capabilities for innovation. He also focused on building relationships with venture capitalists to enable Best Buy to learn from the experiences of others and quickly adapt best practices to advance the company’s business objectives.

Patel joined Best Buy in 2003 as vice president of strategy. In 2005 he was named executive vice president of strategy and international where he played a leading role in exploring and leading the development of growth opportunities in new markets outside North American, including the company’s retail presence in China. In these roles, Patel was also instrumental in helping Best Buy transform into a radically different retailer — one that continually innovates through the insights from employees closest to customers.

Prior to joining Best Buy, Patel was a Partner at Strategos, where he and his colleagues helped frame and implement major growth-driven transformation initiatives for clients across all industries. His clients included Aviva (formerly CGNU), Morgan Stanley, Roche Diagnostics, Whirlpool, Shell, Sonera and Analog Devices. Prior to joining Strategos, Patel worked for KPMG Consulting and Courtaulds PLC in the United Kingdom.

Patel holds a master’s degree in business administration from the London Business School. He also has a bachelor’s degree in chemical engineering from Leeds University in the United Kingdom.