Decision Comes After Company Founder Dr. Patrick M. Byrne Announces Medical Leave of Absence
SALT LAKE CITY, 2016-Apr-15 — /EPR Retail News/ — The Overstock.com, Inc. (NASDAQ:OSTK) board of directors has appointed the company’s General Counsel and Senior Vice President Mitch Edwards to the role of acting CEO, effective immediately. This appointment comes after company founder Dr.…
BRIDGETOWN, Barbados, 2016-Apr-05 — /EPR Retail News/ — Overstock.com, Inc. (NASDAQ:OSTK) announced a strategic investment in Bitt.com, a Caribbean-based financial technology firm working to move island nations in that region to adopt digital national currencies. Overstock.com is investing $4 million in Bitt initially.
“A major impediment to economic advancement around the world is the fact that the…