Overstock.com coo resigns
SALT LAKE CITY Overstock.com has announced that Jason Lindsey has resigned from the board of directors of Overstock.com and as the company's president and coo effective Dec. 31.
"Jason co-founded the company and helped build it before retiring the first time. When I screwed it up a couple years ago, he came out of retirement and has played a decisive role getting it back on track," said Overstock chairman and ceo Patrick Byrne. "He's done a superb job. Now that it is back in a solid trailing twelve month cash-flow-positive position, he wishes to return to our previous arrangement. While Jason won't be as involved in the day-to-day operations of the company, he will still oversee special projects in a part-time capacity."
Lindsey has been a director since October 2005 and president and coo since April 2006.