OSTK - Allison Abraham and Marcus Lemonis to Serve as Co-Chairs of Beyond Inc. Board of Directors | Benzinga
Leadership mandates intense restructure through reducing costs and evaluating lines of business, investments, and capital allocation while driving revenue and increasing active customer base.
MIDVALE, Utah, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Beyond, Inc., (NYSE:BYON) ("Beyond" or the "Company"), the parent company of online furniture and home furnishings retailer Bed Bath & Beyond, formerly known as Overstock, today announced that, effective immediately, Allison H. Abraham and Marcus Lemonis will serve as Co-Chairs of the Company's Board of Directors.
Ms. Abraham said, "Marcus brings a wealth of experience as a public company Chairman and CEO, with powerful operating knowledge in retail, branding, and customer engagement. Both of us, along with rest of the Board and management team, are unified in our overarching goals of driving enhanced value for shareholders."
Mr. Lemonis said, "I am intensely focused on working with the management team to drive financial results, reduce operating costs and review all performing and non-performing assets. While the team has begun taking decisive actions to ...