Overstock.com, Inc. (NASDAQ:OSTK), a leading e-commerce home
furnishings retailer, has been named to the 2021 Parity.org Best
Companies for Women to Advance List for the second year in a row.
This list recognizes organizations that have implemented a mix of
exemplary benefits, policies, and programs that ensure women have
significant opportunities to advance their careers.
Companies on the list were rated in areas of equality in hiring
and promotion practices, inclusion, representation of women in
leadership, and enablers, such as benefits and other policies, that
help companies achieve equitable outcomes.
“It is great to be included in Parity.org’s Best Companies for
Women to Advance List,” said Jonathan Johnson, Overstock CEO. “This
recognition highlights Overstock’s ongoing commitment to furthering
equal representation and advancement of women at all levels of
leadership as we continue to promote diversity throughout the
Overstock offers a multitude of benefits and programs aimed at
supporting women in the workforce, including flexible scheduling
options, female-focused resource groups (Overstock Women’s Network
and Women in Tech), extended parental leave, a formal mentorship
program, its Caregiver Travel policy which covers the cost of one
caregiver and one child under the age of two to travel with
employees required to travel for work, as well as onsite amenities
including a health clinic, fitness center, and daycare. Overstock
took the ParityPledge in 2017, promising to interview at least one
qualified female candidate for every open executive position, vice
president and above, to help improve pathways for female leadership
opportunities. Overstock’s culture naturally aligns with Parity’s
pledge as the company’s leadership team is comprised of numerous
female executives including the Chief Financial Officer, Chief
Marketing Officer, Chief Customer Officer, and Chief People
Officer, along with other notable vice president, director, and
board level positions.
“After a year that has erased all the gains women have made in
the past several decades, there are still companies that are making
progress to support women’s advancement at work--all the more
reason to celebrate their successes,” said Cathrin Stickney,
Parity.org founder and CEO. “The companies that are on the 2021
list of Best Companies for Women to Advance are shining examples of
companies that actually walk the talk and are helping create equal
Companies on the 2021 list share many common best practices that
are known to support women, such as work-from-home or telecommute
options (97%), flexible working hours (94%), and equal paid family
leave for men and women (88%). Nearly every company measures and
reports on gender parity to the executive team (97%), and every
single company regularly communicates their gender-parity values to
employees, encourages men to take their full family leave, and has
a zero-tolerance policy for harassment.
The Best Companies for Women to Advance List is an initiative
of Parity.org, a 501(c)(3) non-profit organization focused on
bringing gender equality to the highest levels of business.
For more details, visit: www.parity.org/best-companies.
About Parity.orgParity.org is a 501(c)(3)
not-for-profit organization dedicated to closing the gender gap at
the highest ranks of business leadership. You can follow Parity.org
on Facebook, LinkedIn, Twitter, and Instagram.
Organizations wanting to take the ParityPledge or learn more about
Parity.org should visit www.Parity.org.
About the Best Companies for Women to Advance
ListParity.org established the Best Companies for Women to
Advance List to recognize organizations that have benefits,
policies, and programs that are particularly beneficial for women
to advance in the workplace. Thirty-four companies made the 2021
list, based on a cumulative rating that took into consideration
recruitment, benefits, executive preparation, measurement, and
About OverstockOverstock.com, Inc (Common
Stock (NASDAQ:OSTK) / Series A-1 Preferred Stock (tZERO ATS:OSTKO)
/ Series B Preferred Stock (OTCQX:OSTBP)) is an online
retailer and technology company based in Salt Lake City, Utah.
Its leading e-commerce website sells a broad range of new home
products at low prices, including furniture, décor, area rugs,
bedding and bath, home improvement, and more. The online shopping
site, which is visited by tens of millions of customers a month,
also features a marketplace providing customers access to millions
of products. In 2014, Overstock was the first major retailer to
accept cryptocurrency as a form of payment and continues to do so.
Overstock regularly posts information about the Company and other
related matters on the Newsroom and Investor
Relations pages on its website, Overstock.com.
O, Overstock.com, O.com, Club O, and Worldstock are registered
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.
Cautionary Note Regarding Forward-Looking
StatementsThis 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, including but not limited
to statements regarding Parity.org and regarding Overstock’s
programs and policies. 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, 2020, which was filed with the SEC on February 26,
2021, in our Form 10-Q for the quarter ended March 31, 2021, which
was filed with the SEC on May 6, 2021, and in our subsequent
filings with the SEC.
Callahan 801-947-5126 firstname.lastname@example.org
Media Relations:Megan Herrick801email@example.com
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