Who We Are

From its founding in 1999, Overstock.com has had an eye to the future while striving to deliver what consumers want today. As the company has grown and evolved, it has taken on a group of professionals from a variety of backgrounds, all uniting with the joint purpose of pushing the boundaries of innovation, integrity, and customer satisfaction. A focus on cooperation and collaboration has allowed Overstock.com to rise as a leader in online retail and will continue to serve the company as it moves forward.

Patrick Byrne
CEO and Board Memeber

Patrick M. Byrne launched Overstock.com in 1999 with revenues of $1.8 million. In 2013 Overstock.com had revenues of $1.3 billion and net income of $88.5 million. Forbes magazine named Overstock.com the No. 9 Best Company to Work for in the Country for 2010, and Byrne the CEO with the highest employee approval rating (92%). Byrne received the 2011 Ernst & Young National Entrepreneur of the Year Award.

In 2001, Byrne began Worldstock Fair Trade, an Overstock.com division selling handcrafted products from artisans in developing nations. The department distinguishes itself by returning 60-70% of the sale price to artisans (over $100 million has been paid to Worldstock's artisan suppliers). In addition, all Worldstock net profits are donated to fund philanthropic projects in several countries. Worldstock and Byrne have funded the building of 26 self-sustaining schools internationally that currently educate thousands of students.

A "classical liberal," Byrne believes that our nation's success depends on a sound educational system and a healthy capital market. Since Milton Friedman's passing in 2006, Byrne has served as chairman of The Friedman Foundation for Educational Choice, an organization leading the national debate for school vouchers.

Towards the goal of clean capital markets, in 2004 Byrne (as a citizen-journalist) began a vigorous campaign against abusive Wall Street practices, focusing on regulatory capture, hedge fund "expert network" (insider trading) schemes, settlement system failures, systemic risk, and the possibility of economic warfare against the US by Organized Crime and foreign governments. His stance quickly caught the attention of Wall Street analysts and reporters and became a point of high controversy and ridicule until the economic crash of 2008, occasioned by the very things Byrne had warned of. Byrne's website DeepCapture.com has received much recognition, such as Weblogs Award "Best Business Blog" (2008), Business Pundit's "Best Business Investigative Journalism" (2009), and Xmark's "Top Site on Corruption in the USA" (2010).

Before founding Overstock.com and serving as chairman, CEO, and president, Byrne held the same three positions at Centricut, LLC, a manufacturer of consumables for industrial plasma torches, and held the same three positions at Fechheimer Brothers, Inc., a Berkshire Hathaway company, manufacturing police, firefighter and military uniforms.

Byrne received a bachelor's degree in philosophy and Asian studies from Dartmouth College, a master's in philosophy from Cambridge University as a Marshall Scholar, and a doctorate in philosophy from Stanford University. He has taught at the university level and is a frequent guest lecturer discussing Internet commerce, capital markets, Wall Street practices, education, leadership and ethics.

Stormy D. Simon
President and Board Member

Overstock President Stormy Simon began her career during the early years of the online shopping site with an entry-level sales position. Her entrepreneurial spirit and tireless work ethic soon caught the attention of company founder and CEO Patrick M. Byrne, and she was moved into a series of leadership and executive roles throughout the company. Stormy's impressive track record of success as senior executive over several departments, including the customer care, partner care, and marketing divisions, culminated with her first being named co- president of Overstock before assuming the sole presidency of the company in 2014.

As president, Stormy has used her forward-thinking instincts along with experience gleamed from her previous roles to inspire Overstock to drive innovation in the ever-changing online retail world. Her colleagues know Stormy as a source of knowledge, experience, and revolutionary thinking in online retail, often using her inspirational mantra of "make it happen" to motivate teams throughout the company. Under Stormy's leadership, Overstock was named to Forbes' list of Americas 100 Most Trustworthy Companies for the first time.

Stormy lives on a farm of miniature animals in her rural hometown, just outside of Salt Lake City, Utah.

Mark J. Griffin
Senior Vice President and General Counsel

Mark J. Griffin is Overstock's senior vice president, general counsel, and corporate secretary. He joined the company in May 2006 as general counsel before being appointed vice president, then senior vice president and secretary. Under Griffin's direction, Overstock's legal department has succeeded in defending high-profile patent troll suits, as well as in working with the U.S. Congress, state legislatures, and regulatory agencies on key legislative and regulatory matters in the retail and public company sectors.

As a private attorney, Griffin represented Overstock in its fight against stock market manipulation through his role as partner at the Salt Lake City law firm Woodbury & Kesler. Griffin has spent 14 years working in state governments as Director of the Utah Securities Division, Deputy Secretary of State for the State of Nevada, and Assistant Utah Attorney General.

Griffin also served in the leadership of the North American Securities Administrators Association, located in Washington, D.C., completing his NASAA work as President of the organization in 1997. On behalf of NASAA, Griffin conducted senior White House Staff briefings, and testified numerous times before U.S. Congressional Committees on litigation reform, investor protection and securities market practices and regulation.

Griffin is a member of the Utah State Bar, and received both his Bachelor of Arts Degree and Juris Doctor Degree from Brigham Young University.

Robert P. Hughes
Senior Vice President, Finance and Risk Management

Rob Hughes currently serves as Overstock's senior vice president of finance and risk management. He joined the company in 2008, and has previously held the roles of controller and vice president. Prior to his time at Overstock, Hughes served as CFO and Chief of Staff of TenFold Corporation, and has also held a number of senior accounting and internal audit positions with Oracle Corporation.

Hughes received a Bachelor's Degree in Business Administration with an emphasis in accounting and finance from the University of California Berkeley, Haas School of Business, and is a Certified Public Accountant (CA - inactive status).

Seth Marks
Senior Vice President, Merchandising and Strategic Sourcing

Seth Marks became Overstock's senior vice president of merchandising and strategic sourcing in 2014, one year after joining the company. He began his time at Overstock serving as vice president of special acquisitions and vice president of sales.

Marks has extensive experience in the off price retail, wholesale and manufacturing sectors after spending much of his career as a retail turnaround executive. Seth uses the skills he has cultivated in the field to continually procure the best values for Overstock customers.

Before joining Overstock, Marks was a co-founder of Hilco Wholesale Trading, where he was responsible for deal origination, valuation, acquisition and disposition strategies. During his time with Hilco, he helped to build the business into the leading asset acquisition and disposition firms in the US. In 2004, Marks co-founded Big Lots Capital, the special acquisitions arm of Big Lots, Inc., a fortune 500 company, and served there as the vice president of merchandising. In 2008, Marks was named president and CEO of Talon Merchant Capital, which was acquired in 2009 by LW Stores in Canada. He continued in his role as turnaround CEO until 2011, when he became the chief marketing officer and acquisition group president of Tuesday Morning Corporation stores, a position Marks held until he joined Overstock.

David J. Nielsen
Senior Vice President, Business Development

Dave Nielsen joined Overstock in 2009 as the senior vice president of merchandising and supply chain. In his current role as senior vice president of business development, Nielsen is responsible for the creation and growth of the emerging business units within the company. Nielsen is also responsible for Supplier Oasis Fulfillment Services, a wholly owned omni-channel fulfillment services subsidiary of Overstock.

Before joining Overstock, Nielsen was with Payless ShoeSource, Inc., where he held a variety of positions prior to taking over as vice president of merchandise allocation. In this role, 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.

Saum Noursalehi
Senior Vice President, Marketing

Saum Noursalehi joined Overstock.com in 2005 and currently serves as the senior vice president of marketing. He has previously held several positions within the company including vice president of new product development, senior director of website, mobile and search engine optimization, director of software development, software development lead and software developer. Before joining Overstock, Noursalehi worked at the Utah Administrative Office of the Courts, Brooks Automation, and technology startup Infotopia.

Noursalehi received a Bachelor's Degree in Computer Science from the University of Utah.

Brian Popelka
Senior Vice President, Supplier, Customer and People Care

Brian Popelka, as senior vice president of supplier, customer and people care, is responsible for the strategic direction and operational effectiveness of Overstock's award- winning customer care department. Under his direction, the department has repeatedly ranked in the top four of the former NRF Foundation/American Express Customer Choice Awards, and earned the Gartner Gold Award and the 2011 Stevie Award for the Retail Customer Service Department of the Year. Popelka also oversees all relations with the company's drop-ship fulfillment partners.

Popelka has held several positions since joining the Overstock in 2002, including business to business manager, director of the books, media, movies and games department, and vice president of customer care. In these roles, Popelka has contributed greatly to the success of Overstock, helping to set the tone of the company's culture while at the same time spearheading development of a media channel, travel site, and auto sales site.

Popelka holds a Bachelor's Degree in Journalism, Broadcasting, Film and History from the University of Nebraska-Lincoln.

Bhargav J. Shah
Senior Vice President, Technology

Bhargav Shah joined Overstock in 2013 as the senior vice president of technology. In this role, Shah is responsible for providing vision and leadership in developing and implementing information technology initiatives within the organization, as well as influencing business strategy through innovative use of technology.

Prior to joining Overstock, Shah worked for KPMG LLP as a director of their IT Advisory Group, where he helped various mid-market and Fortune 500 clients with defining and implementing their Enterprise IT strategy. Before that, Shah spent ten years with BearingPoint, a management and technology consulting firm. Over the course of his time with the company, Shah rose from a consultant role to a senior manager position, helping large, global organizations with architecting and implementing technology solutions for wide variety of business needs. He had also worked at Bentley University from 1998 to 1999 as a technologist across various IT functions including helpdesk, hardware repair, and Management Information Systems.

Shah holds a Chemical Engineering Degree from K.E.S. Engineering College (Mumbai University, India) and a Master's Degree in Business Administration from Bentley University in Waltham, Mass.

Jonathan E. Johnson III
Chairman of the Board of Directors

Jonathan Johnson has been the chairman of Overstock's board of directors since April 2014, transitioning to the position after five years as the company's president and later the acting CEO and executive vice chairman of the board. Johnson joined Overstock in 2002 as the company's general counsel, and has held various business and legal related positions within the company prior being named president. During this time, he has been an integral part of Overstock's meteoric growth from a small start-up to a publicly-traded company with $1.3 billion in sales and over 1,500 employees.

In addition to his duties at Overstock, Johnson is a member of the Better Business Bureau's National Partner Leadership Circle, the executive committee of the Board of Trustees of the Utah Technology Council, the board of directors of the Utah Foundation and the Board of Governors of the Salt Lake Chamber. He was also the founding chairman of the Salt Lake Chamber's Clean Air Task Force, a group dedicated to protecting and improving Utah's air quality.

Prior to joining Overstock, Johnson was with TenFold Corporation in various positions, including CFO and General Counsel. Before that, he practiced corporate law in Los Angeles with two international law firms. He also served as a judicial clerk at the Utah Supreme Court.

Johnson received a Bachelor's Degree in Japanese from Brigham Young University, studied at Osaka University of Foreign Studies in Japan as a Ministry of Education Scholar, and received his Juris Doctor degree from the J. Ruben Clark Law School at Brigham Young University.

He lives in Salt Lake with his wife of 26 years. The couple has five sons, ages 11 to 22.

Allison H. Abraham
Director

Allison H. Abraham has served as a Director of Overstock since March 2002. She is a member of the Compensation Committee and Nominating & Corporate Governance Committee, and is the Chairwoman of the Audit Committee. She is currently the President and Founder of The Newton School, a private, non-profit elementary school located in Sterling, Virginia. Prior to this role, Ms. Abraham managed her own consulting business from October 2001 to November 2008, and has served as a director of privately-held Precision Imaging, Inc. since November 2002. Ms. Abraham served as president and as a director of LifeMinders, Inc., an online direct marketing company, from May 2000 until the acquisition of LifeMinders by Cross Media Marketing Corp. in October 2001. Prior to joining LifeMinders, Ms. Abraham served as chief operating officer of iVillage Inc., an online media company, from May 1998 to May 2000. From February 1997 to April 1998, Ms. Abraham was president, chief operating officer and a director of Shoppers Express, an online grocery service. From 1992 to 1996, Ms. Abraham held several marketing and management positions at Ameritech Corporation. She was employed at American Express Travel Related Services in New York City from 1988 to 1992.

Ms. Abraham holds a MBA degree from the Darden School at the University of Virginia and a Bachelor of Arts in Economics from Tufts University.

Patrick Byrne
CEO and Board Memeber

Patrick M. Byrne launched Overstock.com in 1999 with revenues of $1.8 million. In 2013 Overstock.com had revenues of $1.3 billion and net income of $88.5 million. Forbes magazine named Overstock.com the No. 9 Best Company to Work for in the Country for 2010, and Byrne the CEO with the highest employee approval rating (92%). Byrne received the 2011 Ernst & Young National Entrepreneur of the Year Award.

In 2001, Byrne began Worldstock Fair Trade, an Overstock.com division selling handcrafted products from artisans in developing nations. The department distinguishes itself by returning 60-70% of the sale price to artisans (over $100 million has been paid to Worldstock's artisan suppliers). In addition, all Worldstock net profits are donated to fund philanthropic projects in several countries. Worldstock and Byrne have funded the building of 26 self-sustaining schools internationally that currently educate thousands of students.

A "classical liberal," Byrne believes that our nation's success depends on a sound educational system and a healthy capital market. Since Milton Friedman's passing in 2006, Byrne has served as chairman of The Friedman Foundation for Educational Choice, an organization leading the national debate for school vouchers.

Towards the goal of clean capital markets, in 2004 Byrne (as a citizen-journalist) began a vigorous campaign against abusive Wall Street practices, focusing on regulatory capture, hedge fund "expert network" (insider trading) schemes, settlement system failures, systemic risk, and the possibility of economic warfare against the US by Organized Crime and foreign governments. His stance quickly caught the attention of Wall Street analysts and reporters and became a point of high controversy and ridicule until the economic crash of 2008, occasioned by the very things Byrne had warned of. Byrne's website DeepCapture.com has received much recognition, such as Weblogs Award "Best Business Blog" (2008), Business Pundit's "Best Business Investigative Journalism" (2009), and Xmark's "Top Site on Corruption in the USA" (2010).

Before founding Overstock.com and serving as chairman, CEO, and president, Byrne held the same three positions at Centricut, LLC, a manufacturer of consumables for industrial plasma torches, and held the same three positions at Fechheimer Brothers, Inc., a Berkshire Hathaway company, manufacturing police, firefighter and military uniforms.

Byrne received a bachelor's degree in philosophy and Asian studies from Dartmouth College, a master's in philosophy from Cambridge University as a Marshall Scholar, and a doctorate in philosophy from Stanford University. He has taught at the university level and is a frequent guest lecturer discussing Internet commerce, capital markets, Wall Street practices, education, leadership and ethics.

Barclay F. Corbus
Director

Mr. Barclay F. Corbus has served as a Director of Overstock since March 2007. He is a member of the Audit Committee and Nominating & Corporate Governance Committee, and is the Chairman of the Compensation Committee. Mr. Corbus has served as Senior Vice President of Clean Energy Fuels Corp., a provider of vehicular natural gas, with responsibility for strategic development, since September 2007. He served as Co-CEO of WR Hambrecht + Co., an investment banking firm, from July 2004 to September 2007, and prior to that date served in other executive positions with WR Hambrecht + Co. Prior to joining WR Hambrecht + Co in March 1999, Mr. Corbus was in the investment banking group at Donaldson, Lufkin and Jenrette. Mr. Corbus graduated from Dartmouth College with a Bachelor of Arts Degree in Government and has a Master's Degree of Business Administration in Finance from Columbia Business School.

Samuel A. Mitchell
Director

Mr. Mitchell has been a director of Overstock since October 2010. He is a member of the Audit Committee, the Compensation Committee and the Nominating & Corporate Governance Committee. Mr. Mitchell is also a director of International Coal Group, Inc., and serves on the Audit Committee and Compensation Committee of International Coal Group. Since 2004, Mr. Mitchell has been a Managing Director of Hamblin Watsa Investment Counsel, a wholly-owned subsidiary of Fairfax Financial Holdings, Inc., a Toronto-based property and casualty insurance holding company. Hamblin Watsa is responsible for managing the investments of Fairfax Financial. From 2005 to 2007, Mr. Mitchell was a director of Odyssey Re Holdings Corp., a majority-owned subsidiary of Fairfax Financial that is an underwriter of property and casualty treaty and facultative reinsurance. Prior to joining Hamblin Watsa, Mr. Mitchell was Managing Director and co-founder in 1993 of Marshfield Associates, a Washington, D.C.-based investment counsel firm. Mr. Mitchell also has experience in the healthcare industry, having served as a Director of Research and Federal Relations for the Federation of American Health Systems from 1983 to 1993, and as Director of Research for the Health Industry Manufacturers Association from 1977 to 1981. In 1973, he co-founded Research from Washington, which advised large institutional investors on the outlook and economic impact of legislation and federal government initiatives. Mr. Mitchell started his career in 1968 with the Washington, D.C.-based investment counsel firm, Davidge and Co. He has a B.A. from Harvard College and an M.B.A. from Harvard Business School.

Stormy D. Simon
President and Board Member

Overstock President Stormy Simon began her career during the early years of the online shopping site with an entry-level sales position. Her entrepreneurial spirit and tireless work ethic soon caught the attention of company founder and CEO Patrick M. Byrne, and she was moved into a series of leadership and executive roles throughout the company. Stormy's impressive track record of success as senior executive over several departments, including the customer care, partner care, and marketing divisions, culminated with her first being named co- president of Overstock before assuming the sole presidency of the company in 2014.

As president, Stormy has used her forward-thinking instincts along with experience gleamed from her previous roles to inspire Overstock to drive innovation in the ever-changing online retail world. Her colleagues know Stormy as a source of knowledge, experience, and revolutionary thinking in online retail, often using her inspirational mantra of "make it happen" to motivate teams throughout the company. Under Stormy's leadership, Overstock was named to Forbes' list of Americas 100 Most Trustworthy Companies for the first time.

Stormy lives on a farm of miniature animals in her rural hometown, just outside of Salt Lake City, Utah.

Joseph J. Tabacco, Jr.
Director

Joseph J. Tabacco, Jr. has served as a Director of Overstock since June 2007. He is a member of the Audit Committee and Compensation Committee, and is the Chairman of the Nominating & Corporate Governance Committee. Tabacco is the founding partner of the San Francisco office of Berman DeValerio, a law firm that prosecutes class actions nationwide on behalf of institutions and individuals, mostly victims of antitrust and securities law violations.

A 1974 honors graduate of the George Washington University School of Law, Tabacco has actively litigated antitrust, securities fraud, commercial high tech, and intellectual property matters since the 1970s. Since entering private practice in the 1980s, after a six year stint as a trial attorney with the U.S. Department of Justice, Antitrust Division, Tabacco has served as trial or lead counsel in numerous antitrust and securities cases nationally. Tabacco and his firm represent numerous public pension fund and private institutional clients nationally and have successfully prosecuted cases resulting in the recovery of billions of dollars for defrauded investors and businesses.