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Mr. Keith J. Nelsen

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    phx.corporate-ir.net/phoenix.zhtml?c=83192&p=irol-newsA - [Cached Version]
    Published on: 9/9/2008    Last Visited: 1/1/2009  

    Nelsen Named SVP, Commercial

    In his newly created role of senior vice president, commercial, Keith Nelsen acts as general counsel for Best Buy International, managing the company's global legal responsibilities, including the oversight of its international transactions and local law compliance. He also manages the company's equity-related investment on a global basis, providing assessment, financial analysis, strategic rationale, and recommendations of equity investment opportunities; management of external advisors, including Investment bankers; and end-to-end "deal" responsibility. In addition, he is responsible for the enterprise's commercial relationship with Accenture and other key third parties who provide strategic services, such as the delivery of information technology support, to Best Buy.
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    Prior to joining Best Buy in 2005, Nelsen was chief administrative officer and general counsel at Danka Business Systems PLC, where he worked to maximize growth and profitability for the company in the more than 20 countries. He also was responsible for worldwide legal operations and oversaw the human resources function. Before that, he was vice president, Legal, at Nordictrack, Inc. He began his career as a practicing attorney with Best and Flanagan, LLP.

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    www.sec.gov/Archives/edgar/data/894010/0001193125-05-12 - [Cached Version]
    Published on: 6/15/2005    Last Visited: 3/24/2006  

    Keith J. Nelsen
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    Keith J. Nelsen.Mr. Nelsen was appointed Senior Vice President and General Counsel in June 2000 and as Chief Administrative Officer in January 2003.From 1997 to June 2000, Mr. Nelsen served as our associate general counsel.From 1995 to 1997, Mr. Nelsen served as vice president and associate general counsel at Nordic Track, Inc., a manufacturer and distributor of fitness equipment.

  • View Online Source
    www.sec.gov/Archives/edgar/data/894010/0001193125-07-02 - [Cached Version]
    Published on: 2/13/2007    Last Visited: 3/18/2007  

    Keith J. Nelsen
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    Keith J. Nelsen.Mr. Nelsen is responsible for corporate legal operations, as well as human resources and diversity, real estate and risk management.He was senior vice president and general counsel from June 2000 to December 2002.From 1997 to June 2000, Mr. Nelsen served as associate general counsel.Prior to joining Danka, he served as vice president and associate general counsel at Nordic Track Inc., a manufacturer and distributor of fitness equipment.Mr. Nelsen graduated from the University of Wisconsin Law School in 1989.

  • View Online Source
    www.tmcnet.com/usubmit/2008/09/09/3641473.htm - [Cached Version]
    Published on: 9/9/2008    Last Visited: 9/9/2008  

    Nelsen Named SVP, Commercial

    In his newly created role of senior vice president, commercial, Keith Nelsen acts as general counsel for Best Buy International, managing the company's global legal responsibilities, including the oversight of its international transactions and local law compliance.He also manages the company's equity-related investment on a global basis, providing assessment, financial analysis, strategic rationale, and recommendations of equity investment opportunities; management of external advisors, including Investment bankers; and end-to-end "deal" responsibility.In addition, he is responsible for the enterprise's commercial relationship with Accenture and other key third parties who provide strategic services, such as the delivery of information technology support, to Best Buy.
    ...
    Prior to joining Best Buy in 2005, Nelsen was chief administrative officer and general counsel at Danka Business Systems PLC, where he worked to maximize growth and profitability for the company in the more than 20 countries.He also was responsible for worldwide legal operations and oversaw the human resources function.Before that, he was vice president, Legal, at Nordictrack, Inc.He began his career as a practicing attorney with Best and Flanagan, LLP.

  • View Online Source
    biz.yahoo.com/ap/080909/best_buy_personnel.html?.v=1 - [Cached Version]
    Published on: 9/9/2008    Last Visited: 9/9/2008  

    In addition, Keith Nelsen will take on the newly created role of senior vice president, commercial and serve as general counsel for the division.

    He previously served as chief administrative officer and general counsel at Danka Business Systems PLC.
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    Koken, Nelsen and Montoya will all report to Berg.

  • View Online Source
    www.sec.gov/Archives/edgar/data/894010/0000894010050000 - [Cached Version]
    Published on: 3/31/2005    Last Visited: 5/14/2005  

    0001213614 NELSON KEITH J C/O DANKA 11101 ROOSEVELT BLVD. ST PETERSBURG FL 33716 0 1 0 0 Chief Administrative Officer

  • View Online Source
    www.sec.gov/Archives/edgar/data/894010/0000931763-03-00 - [Cached Version]
    Published on: 6/10/2003    Last Visited: 6/12/2003  

    Nelsen was appointed as our senior vice president and general counsel in June 2000 and as Chief Administrative Officer in January 2003.From 1997 to June 2000, Mr. Nelsen served as our associate general counsel.From 1995 to 1997, Mr. Nelsen served as vice president and associate general counsel at Nordic Track, Inc., a manufacturer and distributor of fitness equipment.   Michael D. Popielec.    Mr.
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    Nelsen began serving as an executive officer in fiscal year 2002.   Share Option Plans   We have options outstanding under our share option plans.
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    VALIGN="bottom" ALIGN="right" WIDTH="7%">11/29/2012      99,617      252,449 Keith J. Nelsen    40,000 (3)   1.6 %     3.96    11/29/2012      99,617    91,667/173,333    218,168/353,332 Keith J. Nelsen    —      —      79,167/73,333    69,167/55,333 (1)   The options granted are for American depositary shares.The options were granted at the fair market value of the American depositary shares on the date of the grant.Each American depositary shares represents four ordinary shares. (2)   These amounts represent stock appreciation rights in respect of American depositary shares granted during fiscal year 1999.   Compensation of Directors   Human Resources Committee Interlocks and Insider Participation   None of the members of our human resources committee have at any time been an executive officer.There were no human resources committee interlocks or insider participation in compensation decisions in fiscal year 2003.   Change of Control Agreements   Each of P. Lang Lowrey, Todd L. Mavis, Keith J. Nelsen, Peter Williams and F. Mark Wolfinger, has a change of control agreement with Danka Business Systems PLC and Danka Office Imaging Company.   Under each change of control agreement, if the relevant executive’s employment is termin
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    > •   a lump-sum cash payment, in an amount equal to two times base salary for Mr. Lowrey, Mr. Mavis, Mr. Nelsen and Mr. Wolfinger and one times for Dr. Williams. “Base salary” is the salary being earned either at the time of the change of control, or at the time of the termination of the relevant executive’s employment, whichever is greater;     •   a pro rata annual bonus for the fiscal year of termination calculated as if our financial performance targets for that fiscal year were deemed to be satisfied at the level equal to the performance achieved through the date of termination or, if greater, the pro rata amount of any performance bonus that the relevant executive is guaranteed to receive for the fiscal year;     •   an amount equal to two times, in the case of Mr. Lowrey, Mr. Mavis, Mr. Nelsen and Mr. Wolfinger (none for Dr. Williams), the relevant e
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    ecutive’s annual bonus for the fiscal year of termination, calculated as if our financial performance targets for that fiscal year were deemed to be satisfied at a level equal to the performance achieved through the date of termination or, if greater, any performance bonus that the relevant executive is guaranteed to receive for that fiscal year;    

  • View Online Source
    www.enochhr.com/hr_news - [Cached Version]
    Last Visited: 11/29/2008  

    "Our competitors targeted these customers and the result was the loss of some of our installed base," recalls Keith Nelsen, Danka's Chief Administrative Officer and General Counsel.

    "We also had a momentary gap in our product portfolio which led to a decline in revenues which continued for some period of time," he says.
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    Nelsen says it "faced significant challenges" due to leadership changes and the impact on the department of substantial downsizing over a long period of time.
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    The transition took one day, according to Nelsen.
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    Outsourcing to Gevity cut HR costs by as much as 50 percent, according to Nelsen. Gevity charges Danka by the head, where ADP charged by the transaction.
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    "We can plan on our HR expenses, and this is appealing to us," says Nelsen.

    Other Benefits

    Danka found Gevity's affordable employer and manager self-service platform a big draw. Oracle powers the Gevity platform; Danka uses Oracle to run its financials and procurement. "It was appealing because we were already an Oracle shop," says Nelsen.
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    Nelsen says Danka HR employees who work for Gevity now enjoy better benefits. "We had been cost-challenged for so long, we had to cut benefits, like the match to our 401(k) plan," says the Danka executive. "When our employees hopped on the Gevity bus, they got better benefits," he says.

    Finally, Nelsen says outsourcing allowed Danka to tap into Gevity's HR technology. Due to a starvation of capital, Danka's HR technology had grown hopelessly out-of-date. The new technology has improved many of the HR functions, he reports. For example, the technology "helped us rationalize our compensation," says Nelsen.

    Governing the Relationship

    In the beginning, Nelsen and Johnson met for 30 minutes every week.
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    Johnson and her team do the legwork and make recommendations to Nelsen, who makes all decisions.
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    They two act like co-workers; Nelsen calls Johnson his "VP of HR."
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    "They agreed to a strong package of SLAs at a good price," Nelsen says. He also liked the fact that they were located just half an hour away. (Both companies are in Florida.)

  • View Online Source
    www.sec.gov/Archives/edgar/data/894010/0001021408-02-00 - [Cached Version]
    Published on: 6/21/2002    Last Visited: 6/25/2002  

    Keith J. Nelsen Senior Vice President

    and General Counsel

    ...
    Keith J. Nelsen.Mr. Nelsen was appointed as our senior vice president and general counsel in June 2000.From 1997 to June 2000, Mr. Nelsen served as our associate general counsel.From 1995 to 1997, Mr. Nelsen served as vice president and associate general counsel at Nordic Track, Inc., a manufacturer and distributor of fitness equipment.

  • View Online Source
    www.sec.gov/Archives/edgar/data/894010/0000931763-01-50 - [Cached Version]
    Published on: 9/10/2001    Last Visited: 9/12/2001  

    Keith J. Nelsen37 Senior Vice President--------

    ...
    Keith J. Nelsen.Mr. Nelsen was appointed as our senior vice president and general counsel in June 2000.From 1997 to June 2000 , Mr. Nelsen served as our associate general counsel.Prior to joining us , Mr. Nelsen served as vice president and associate general counsel at Nordic Track , Inc. , a manufacturer and distributor of fitness equipment , from 1995 to 1997.

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