Overstock Appoints Barbara Messing to its Board of Directors
August 05 2020 - 8:30AM
The Board of Directors of Overstock.com, Inc.
(NASDAQ:OSTK) appointed Barbara Messing as its newest
independent director on August 4, 2020. Messing is known for her
success in implementing data-driven innovations during her more
than two decades of experience in global retail and e-commerce and
has been an integral part of leading profitable growth in complex
and growth-focused companies.
Messing most recently held the roles of Senior Vice President
and Chief Marketing Officer (CMO) for Walmart U.S., leading the
marketing organization across the stores and e-commerce business
while developing and amplifying the brand strategy at the world’s
largest retailer. Prior to that she was the SVP and CMO of
TripAdvisor, the world’s largest travel site. Messing has also
served on the board of directors for XO Group during its successful
merger with WeddingWire, and on the board of directors for Mashable
as it executed the sale of its global multi-platform media and
entertainment company in 2017.
“Barbara’s experience in leading some of the world’s most well
known retailers and e-commerce companies will be a significant
asset to Overstock,” said Overstock Chairwoman of the Board Allison
Abraham. “We are confident that her expertise in branding,
communications and customers insights will add tremendous value to
our board of directors and have a positive impact on our
company.”
“I’m so pleased to have Barbara join the Overstock board,” said
Overstock CEO and board member Jonathan Johnson. “She brings the
retail and e-commerce expertise I’ve been looking to add to the
board. We will benefit immensely from her knowledge and experience
as we continue our march toward long-term sustainable, profitable
growth.”
“I am thrilled to join the Overstock board. Overstock is not
only a leader in its industry, but is also a company with an
incredible future for growth and world-class innovation, both in
its ecommerce business and its several blockchain start-up
companies,” said Messing. “I have tremendous respect for
Overstock’s board and management team, and I look forward to
helping Overstock continue its profitable growth trajectory.”
Messing is Overstock’s second board of directors appointment in
2020 following the June appointment of William Nettles. The
company’s board now has seven members, six of whom are
independent.
About Barbara Messing
Barbara Messing most recently served as the Senior Vice
President, Chief Marketing Officer of Walmart, Inc. from 2018-2019.
Prior to joining Walmart, she served as Senior Vice President,
Chief Marketing Officer of TripAdvisor, Inc. where she worked from
2011 to 2018. Prior to that she served in a number of management
positions at Hotwire.com between 2002 and 2011, including Vice
President of Customer Experience, and Vice President and General
Manager, Travel Ticker. Ms. Messing received her BA from
Northwestern University and her JD from Stanford Law School. Ms.
Messing is currently a director on the board of Diamond Resorts
International and she has previously served on the boards of
directors of Mashable, Inc. from 2014-2017 and of XO Group, Inc.
from 2014-2018.
About OverstockOverstock.com, Inc Common
Shares (NASDAQ:OSTK) / Digital Voting Series A-1 Preferred Stock
(Medici Ventures’ tZERO platform:OSTKO) / Series B Preferred
(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, rugs, bedding, 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 from third-party sellers. Overstock
was the first major retailer to accept cryptocurrency in 2014, and
in the same year founded Medici Ventures, its wholly owned
subsidiary dedicated to the development and acceleration of
blockchain technologies to democratize capital, eliminate
middlemen, and re-humanize commerce. 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.
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, including but not limited to
statements about the company’s board of directors and other members
of leadership. 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,
2019, which was filed with the SEC on March 13,
2020, in our Form 10-Q for the quarter ended March 31, 2020, which
was filed with the SEC on May 7, 2020, and in our subsequent
filings with the SEC.
SOURCE: Overstock.com, Inc.
Contacts Investor Relations:Alexis
Callahan801-947-5126ir@overstock.com |
Media:Overstock Media Relations801-947-3564pr@overstock.com |
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/d14b16df-0a00-4db5-8e15-226eaa47641e
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