Beyond, Inc. Announces Key Leadership Changes
20 2월 2024 - 9:45PM
Beyond, Inc. (NYSE: BYON), owner of Bed Bath & Beyond,
Overstock, and other online retail brands designed to unlock your
home’s potential, today announced significant changes to its
executive team. The Executive Chairman and Board of Directors
approved the following changes, effective today:
- Chandra Holt is joining the company as Chief
Executive Officer, Bed Bath & Beyond
- Dave Nielsen has been appointed to Chief
Executive Officer, Overstock
- Adrianne Lee, Chief Financial Officer, has
taken on an expanded role as Chief Financial & Administrative
Officer
As the company – which rebranded from Overstock.com to Beyond in
November – continues to evolve, these executive changes were
designed to position both the Bed Bath & Beyond and Overstock
brands for growth and success into the future.
“Beyond is in the midst of a great transformation that required
changes to the executive team structure in support of our strategic
objectives to drive shareholder value” said Marcus Lemonis,
Executive Chairman of the Beyond, Inc. Board of Directors.
“Chandra’s retail and leadership expertise and proven e-commerce
track record makes her an invaluable addition to our team to drive
Bed Bath & Beyond forward. With Dave’s extensive experience in
furniture and home furnishings e-commerce and retail liquidation I
am confident he will quickly reignite the valuable Overstock brand.
I’m excited to see the collective impact Chandra, Dave, and
Adrianne’s leadership will have on our business.”
A veteran merchandiser with expertise in ecommerce, Holt held
various leadership roles at Walmart and Target before joining
Conn’s HomePlus, a specialty retailer with more than 180 retail
locations across 15 states, in 2021 as President and Chief
Executive Officer. Her full bio is available here.
Nielsen joined the company as Overstock in 2009 and has held
several executive positions since that time and as President from
2019 – present leading the company’s marketing, merchandising,
supply chain, technology and digital product organizations. Most
recently, he served as Interim-CEO and President, overseeing
company operations for Beyond, Inc. and Bed Bath & Beyond. His
full bio is available here.
Lee has been Chief Financial Officer since 2020 and oversees all
financial-related matters for the company, in addition to the
legal, communications, investor relations, IT security functions,
among others. She played an integral role in Overstock’s
acquisition of the Bed Bath & Beyond brand in 2023. Her full
bio is available here.
About BeyondBeyond, Inc. (NYSE:BYON), based in
Midvale, Utah, is an ecommerce expert with a singular focus:
connecting consumers with products they love. The Company owns the
Bed Bath & Beyond brand and associated intellectual property.
Bed Bath & Beyond is an online furniture and home furnishings
retailer in the United States and Canada. The leading ecommerce
website sells a broad range of quality, on-trend home products at
competitive prices, including furniture, bedding and bath, patio
and outdoor, area rugs, tabletop and cookware, décor, storage and
organization, small appliances, home improvement, and more. The
online shopping site features millions of products that tens of
millions of customers visit each month. Beyond regularly posts
information about the Company and other related matters on the
Newsroom and Investor Relations pages on its website.Beyond, Bed
Bath & Beyond, Welcome Rewards, Overstock and Overstock
Government are trademarks of Beyond, Inc. Other service marks,
trademarks and trade names which may be referred to herein are the
property of their respective owners.
Cautionary Note Regarding Forward-Looking
StatementsThis press release contains forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
Such forward-looking statements include all statements other than
statements of historical fact, including but not limited to
statements regarding our future performance. Additional information
regarding factors that could materially affect results and the
accuracy of the forward-looking statements contained herein may be
found in the Company's Annual Report on Form 10-K for the fiscal
year ended December 31, 2022, filed with the SEC on February 24,
2023, Form 10-Q for the quarter ended March 31, 2023, filed with
the SEC on May 2, 2023, Form 10-Q for the quarter ended June 30,
2023, filed with the SEC on July 31, 2023, Form 10-Q for the
quarter ended September 30, 2023, filed with the SEC on October 31,
2023, and in our subsequent filings with the SEC.
Beyond, Inc. Media Relations:Sarah
Factorpr@beyond.com
Beyond (NYSE:BYON)
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