Key Developments: Overstock.com Inc (OSTK.OQ)
Latest Key Developments (Source: Significant Developments)
Overstock.com Inc:On April 10, Executive vice chairman of board and corporate secretary, Jonathan E. Johnson III, was appointed as chairman of board.Company’s co-president, Stormy D. Simon, was promoted to president.Company’s senior vice president and general counsel, Mark J. Griffin, was appointed to replace Johnson as corporate secretary.Patrick M. Byrne, who was serving as both chairman of board and chief executive officer will continue to serve as chief executive officer.David J. Nielsen, who was serving as co-president will continue to serve as co-president. Full Article
Overstock.com Inc reported in its Form 8-K that on February 21, 2013 the Company’s Senior Vice President, Customer and Partner Care Stormy D. Simon was appointed as a Co-President of Overstock.com, Inc. (Company); the Company’s Senior Vice President, Merchandising and Supply Chain David J. Nielsen was appointed as a Co-President of the Company; President Jonathan E. Johnson’s duties as President were assumed by Ms. Simon and Mr. Nielson, both of whom will continue to report to Mr. Johnson, who remains Acting Chief Executive Officer (principal executive officer) of the Company. Full Article
NEW YORK - Overstock.com Inc's sales through bitcoin are expected to add 4 cents per share to its earnings this year, the online retailer's chief executive, Patrick Byrne, told Reuters.