Overstock.com, Inc. (NASDAQ:OSTK) announces the addition of
three new executives to its retail leadership team. Catherine Borda
has been appointed to the newly created position of Chief Customer
Officer, Chris Donnelly is Chief of Staff to the President, and
former Overstock.com co-President Dave Nielsen has returned to the
company in the role of Chief Sourcing and Operations Officer.
“In recent communications with our shareholders I have mentioned
that our shift of financial capital into blockchain (both into
Medici in general and, especially, tZERO) has been matched by a
shift of some of our most proven human capital as well. This has
created a wonderful opportunity for growth for some of our most
talented junior leaders. However, I also took it as an opportunity
to reach out and recruit three tremendously strong players to take
three out of seven key roles on our a newly-reorganized retail
executive team, making it, I believe, the strongest executive team
we have had in the 19-year history of Overstock,” said Patrick M.
Byrne, Overstock.com’s CEO and founder.
Catherine Borda – Chief Customer Officer
Catherine Borda is Overstock’s Chief Customer Officer, responsible
for all customer-facing aspects of the retail experience from
inspiration to post-delivery needs. Borda oversees the company’s
Customer Care, Consumer Insights, Brand Strategy, Club O Loyalty
program, and CRM teams, as well as any other customer-facing
technology, strategy, product, or experiences.
Prior to joining Overstock, Borda spent six years at AT&T
leading various customer-focused leadership positions launching
AT&T’s loyalty program, leading millennial marketing, proactive
retention, and culminating with her role as the Assistant Vice
President of Audience Strategy and Planning. From 2008 to 2012,
Borda held various roles at Georgia-Pacific LLC ultimately leading
the company’s flagship $1B+ brand where she led brand strategy,
marketing, advertising, promotional development activities,
innovation, consumer insights and public relations efforts. Borda
began her marketing career at PepsiCo where she led
cross-functional and agency teams in portfolio alignment.
Borda received an undergraduate degree in Psychology from
Rutgers University and a Master of Business Administration from the
Olin Business School at Washington University in St. Louis. Borda
is a Consortium for Graduate Study in Management Fellow.
Chris Donnelly – Chief of Staff to the
President
Chris Donnelly, Overstock’s Chief of Staff to the President, has
spent his career innovating at the intersection of product and
strategy for both Fortune 500 companies and start-ups. He brings
his over 25 years of experience to his position as Overstock’s
Chief of Staff to the President, where he works to reinforce
Overstock’s brand identity and customer journey. Prior to joining
Overstock, Donnelly built a portfolio of companies that benefitted
from both his investment and advisory capabilities.
From 2006 to 2015, Donnelly was Chief Strategy Officer and Chief
Product Officer for Oakley where he had P&L responsibility for
the $1.9B optics, apparel, and accessories company. Donnelly
additionally was Nike’s director of mergers and acquisitions, where
he was instrumental in the acquisition of brands such as Converse,
Hurley, Cole Hahn and Bauer, which represent more than $5B of
Nike's annual revenues. He also was a manager at Bain & Company
where he led teams in the private equity, technology, and consumer
goods sectors for eight years. Donnelly has also founded and sold
three start-ups focusing on online consumer data management,
innovation consulting, and technology.
He received an undergraduate degree in Thermodynamics
Engineering from Harvey Mudd College, and a Master of Business
Administration from the Stanford Graduate School of
Business.
Dave Nielsen – Chief Sourcing and Operations
Officer
Dave Nielsen is Overstock’s Chief Sourcing and Operations
Officer, responsible for overseeing the sourcing, merchandising,
partner care, and supply chain teams for the global online home
goods leader. Nielsen previously spent six years with Overstock,
rising to the position of co-president and leading the company’s
marketing, merchandising, and supply chain operations. He left
Overstock to assume the role of CEO at Global Access, a leading
global provider of logistics technology and cross border expertise
for brands looking to provide a consistent and trusted shopping
experience to both domestic and international customers.
Nielsen also held several leadership positions with Payless
ShoeSource, Inc., eventually rising to the role of vice president
of merchandise allocation, where he was responsible for the
assortment planning and allocation of merchandise across 4,500
stores in the US, Canada, and Puerto Rico. Additionally, Nielsen
served as president and CEO of Old Town Imports, LLC, where he
created a product development, sourcing and omni-channel supply
chain organization that sourced product to clients such as Costco,
Target, and regional restaurant and catering companies.
Nielsen received his bachelor’s Degree in Business Management
with an emphasis in Marketing from Brigham Young University.
About Overstock.com
Overstock.com, Inc. Common Shares (NASDAQ:OSTK) / Series A
Preferred (Medici Ventures’ tZERO platform: OSTKP) / Series B
Preferred (OTCQX:OSTBP) is an online retailer based in Salt Lake
City, Utah that sells a broad range of products at low prices,
including furniture, décor, rugs, bedding, and home improvement. In
addition to home goods, Overstock.com offers a variety of products
including jewelry, electronics, apparel, and more, as well as a
marketplace providing customers access to hundreds of thousands of
products from third-party sellers. Additional stores include Pet
Adoptions and Worldstock.com dedicated to selling artisan-crafted
products from around the world. Forbes ranked Overstock in its list
of the Top 100 Most Trustworthy Companies in 2014. Overstock
regularly posts information about the company and other related
matters under Investor Relations on its website,
http://www.overstock.com.
O, Overstock.com, O.com, Club O, Main Street
Revolution, and Worldstock are registered trademarks of
Overstock.com, Inc. O.biz and Space Shift are also
trademarks of Overstock.com, Inc. Other service marks, trademarks
and trade names which may be referred to herein are the
property of their respective owners.
This press release contains certain 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. 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 Form 10-Q for the quarter ended June 30, 2018, which was
filed with the SEC on August 9, 2018, and any subsequent filings
with the SEC.
SOURCE: Overstock.com, Inc.
Media Contact:pr@overstock.com
Investor Contact:ir@overstock.com
Overstock com (NASDAQ:OSTK)
Historical Stock Chart
From Aug 2024 to Sep 2024
Overstock com (NASDAQ:OSTK)
Historical Stock Chart
From Sep 2023 to Sep 2024