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Overstock.com Inc (OSTK.OQ)

OSTK.OQ on NASDAQ Stock Exchange Global Market

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19 Jan 2018
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Summary

Name Age Since Current Position

Allison Abraham

46 2017 Chairwoman of the Board

Sam Noursalehi

38 2017 President - Retail, Director

Patrick Byrne

53 2016 Chief Executive Officer, Director

Robert Hughes

57 2013 Principal Financial Officer, Senior Vice President - Finance and Risk Management, Principal Accounting Officer

Jonathan Johnson

50 2017 Director, President of Medici Ventures

Amit Goyal

38 2017 Senior Vice President, Software Engineering

Vidya Jwala

44 2016 Senior Vice President - Demand Fulfillment

John Knab

37 2016 Senior Vice President - Marketing

Carter Lee

47 2015 Senior Vice President - Technology People Care

Natalie Malaszenko

Senior Vice President - Marketing

Seth Moore

34 2017 Senior Vice President - Analytics and OLabs

Brian Popelka

50 2013 Senior Vice President - Customer and Partner Care

Vikram Raghavan

35 2017 Senior Vice President - Product Development

Alec Wilkins

Senior Vice President, Chief Architect

E. Glen Nickle

2016 Deputy General Counsel and Vice President

Barclay Corbus

50 2007 Independent Director

Kirthi Kalyanam

52 2015 Independent Director

Joseph Tabacco

68 2007 Independent Director

Mark Harden

IR Contact Officer

Biographies

Name Description

Allison Abraham

Ms. Allison H. Abraham is the Chairwoman of the Board of Medici Ventures the Company. Ms. Abraham has served as a Director of the Company since March 2002 and is currently the President and Founder of The Newton School, a private, non-profit elementary and middle school located in Sterling, Virginia. She is a member of the Compensation Committee and Nominating and Corporate Governance Committee and is the Chairwoman of the Audit Committee. 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. Previously, Ms. Abraham served as President and as a director of LifeMinders, Inc. from May 2000 until October 2001. Prior to joining LifeMinders, Ms. Abraham served as Chief Operating Officer of iVillage Inc. 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. 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 Bachelor of Arts Degree in Economics from Tufts University and a Master’s Degree of Business Administration from the Darden School at the University of Virginia. The specific experience, qualifications, attributes or skills that led the Board to conclude that Ms. Abraham should serve as a director in light of our business and structure were Ms. Abraham’s substantial marketing experience and experience running online marketing companies, including her marketing experience with American Express Travel Related Services, her marketing and management positions with Ameritech Corporation, her experience as Vice President of Sales and Marketing and subsequently as President, Chief Operating Officer and a director of Shoppers Express, her experience as Chief Operating Officer of iVillage Inc.

Sam Noursalehi

Mr. Sam Noursalehi is President - Retail , Director of the Company. Mr. Saum Noursalehi has served as our President since August 2016. He previously served as our chief revenue officer and as a senior vice president. Prior to his appointment as senior vice president in 2013, Mr. Noursalehi served as vice president of OLabs and held roles in website, mobile and search engine optimization. He was responsible for the creation of several core technologies for Overstock, including in-house search and recommendation engines, product sort algorithms, and a vendor application designed to optimize product content. He also spearheaded the implementation of automated email campaigns based on customer behavior. Additionally, he led a full redesign of both the desktop and mobile websites, and oversaw the development of Overstock's mobile apps, which have won five consecutive Mobile Web Awards for Best Retail App from the Web Marketing Association. Mr. Noursalehi joined Overstock in 2005 as a software engineer. Before joining Overstock, Noursalehi worked at the Utah Administrative Office of the Courts, Brooks Automation, and technology startup Infopia. Mr. Noursalehi received a Bachelor's Degree in Computer Science from the University of Utah, has been profiled in publications such as Wired, and was a recipient of the 2015 Utah Business Forty Under 40 award honoring Utah's top up-and-coming professionals. The specific experience, qualifications, attributes or skills that led the Board to conclude that Mr. Noursalehi should serve as a director in light of our business and structure were his combined deep expertise in our technology and marketing strategy.

Patrick Byrne

Dr. Patrick M. Byrne serves as Chief Executive Officer, Director of Overstock.com Inc. Dr. Patrick M. Byrne has served as our Chief Executive Officer (principal executive officer), subject to medical leaves of absence in 2013 and 2016, and as a Director since October 1999, as Chairman of the Board from February 2001 through October 2005, and July 2006 through April 2014. From September 1997 to May 1999, Dr. Byrne served as President and Chief Executive Officer of Fechheimer Brothers, Inc., a manufacturer and distributor of uniforms. From 1995 until its sale in September 1999, Dr. Byrne was Chairman, President and Chief Executive Officer of Centricut, LLC, a manufacturer and distributor of industrial torch parts. From 1994 to the present, Dr. Byrne has served as a Manager of the Haverford Group, an investment company and an affiliate of Overstock. Dr. Byrne has a Bachelor of Arts degree in Chinese studies from Dartmouth College, a Master's Degree from Cambridge University as a Marshall Scholar, and a Ph.D. in philosophy from Stanford University. The specific experience, qualifications, attributes or skills that led the Board to conclude that Dr. Byrne should serve as a director in light of our business and structure were the following. Dr. Byrne has led the Company from revenues of approximately $1.8 million in 1999 to $1.8 billion for the year ended December 31, 2016. He has served as our Chief Executive Officer since 1999 (subject to medical leaves of absence in 2013 and 2016), and has also been directly in charge of marketing, merchandising and other senior executive management functions from time to time. In addition to being the Company's founder, largest stockholder and Chief Executive Officer, Dr. Byrne has led and continues to lead the development of the Company's evolving business model, and he is the Company's chief long-term strategic planner.

Robert Hughes

Mr. Robert P. Hughes is appointed as Principal Financial Officer, Senior Vice President - Finance and Risk Management, Principal Accounting Officer of Overstock.com, Inc. Mr. Hughes served as Chief Financial Officer and Chief of Staff of TenFold Corporation. Prior to working for TenFold, Mr. Hughes held a number of senior accounting and internal audit positions with Oracle Corporation. He holds a B.S. 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).

Jonathan Johnson

Mr. Jonathan E. Johnson, III, is Director, President of Medici Ventures of Overstock.com, Inc. Mr. Jonathan E. Johnson III joined Overstock in September 2002 and has served as a Director since May 2013. Mr. Johnson currently serves as President, Medici. He has also served as Chairman of the Board of Directors since 2014, but intends to step down from that position at the Annual Meeting. He served as our President from July 2008 to February 2013, as our Acting Chief Executive Officer from February 2013 to April 2013, and as Executive Vice Chairman of the Board and Corporate Secretary from April 2013 to April 2014. Prior to his service as our President, Mr. Johnson served as our General Counsel and as our Vice President, Strategic Projects and Legal, and Senior Vice President, Corporate Affairs and Legal. Mr. Johnson holds a Bachelor's Degree in Japanese from Brigham Young University, studied for a year at Osaka University of Foreign Studies in Japan, and received his law degree from the J. Reuben Clark Law School at Brigham Young University. Mr. Johnson served on the Board of Governors of the Salt Lake Chamber of Commerce for many years. He serves on the executive committee of the Board of Trustees of the Utah Technology Council, the executive committee of the Board of Trustees of the Utah Foundation, the Board of Trustees of the University of Utah Hospital Foundation, the Board of Trustees of the Hale Center Theatre, and the Board of Directors of the National Museum of American Religion. The specific experience, qualifications, attributes or skills that led the Board to conclude that Mr. Johnson should serve as a director in light of our business and structure were his experience as our General Counsel, as our Vice President, Strategic Projects and Legal, as our Senior Vice President, Corporate Affairs, as our President, and as our Acting Chief Executive Officer.

Amit Goyal

Mr. Amit Goyal is Senior Vice President, Software Engineering of the company. He was appointed as our Senior Vice President of Software Engineering in February 2017. He had previously served as Vice President of Product Development. Since joining Overstock in 2006, Mr. Goyal has held roles including Senior Director of Software Development and Software Development Lead. Mr. Goyal holds a bachelor's degree in Engineering from Punjab Technical University.

Vidya Jwala

Mr. Vidya Jwala has been appointed as the Senior Vice President - Demand Fulfillment of the Company. Jwala joins Overstock from Walmart, where, as vice president of merchandising and operations, he focused on merchandising planning, category management, pricing and costing. Prior to Walmart, he served in leadership roles at the Tractor Supply Company, Lowe's Companies, Inc. and Jo-Ann Stores, LLC. Jwala received a Master of Science degree in Industrial and Systems Engineering from Virginia Tech.

John Knab

Mr. John Paul "J.P." Knab is Senior Vice President - Marketing of the company. has served as our Senior Vice President of Marketing since March 2016, having returned to Overstock after serving for one-year as the Senior Vice President of Marketing, Merchandising and Business Development for U.S. Water Filters in St. Paul, Minnesota. Prior to this, Mr. Knab had served as our Vice President of Marketing and held other roles including Director of Merchandising and Director of Analytics. Mr Knab joined Overstock in 2005 and holds an MBA with a Marketing emphasis and a bachelor's degree in Finance from Brigham Young University.

Carter Lee

Mr. Carter P. Lee has served as our Senior Vice President - Technology People Care. Mr. Carter P. Lee has served as our Senior Vice President, Technology and People Care since 2015. Mr. Lee previously served as Vice President, Technology Operations and held other roles including Director of Internal Systems. Prior to joining Overstock in 2001, Mr. Lee was a Systems Engineer for Hospice of the Valley and Vice President of Technology for Motherboard Discount Center in Phoenix, AZ.

Natalie Malaszenko

Seth Moore

Mr. Seth A. Moore is Senior Vice President of Analytics and OLabs, since February 2017. He had previously served in roles including Vice President of OLabs, Vice President of Analytics and Vice President of Website Marketing. Mr. Moore joined Overstock in 2006 and holds a bachelor's degree in Political Science from Brigham Young University.

Brian Popelka

Mr. Brian Popelka serves as Senior Vice President - Customer and Partner Care of Overstock.com, Inc. Formerly vice president, Customer Care, Popelka has been responsible for the strategic direction and operational effectiveness of Customer Care. Under his direction, that 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 customer care. Since joining Overstock.com in 2002, Popelka has held several positions including the director of the Books, Media, Movies and Games Department, and was manager of the Business-to-Business Department. He developed 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 in Lincoln.

Vikram Raghavan

Mr. Vikram R. Raghavan was appointed as the Senior Vice President - Product Development of the company in February 2017. He had previously served in roles including Vice President of Product Development and Vice President of Marketing since returning to Overstock in 2015. Mr. Raghavan originally joined Overstock in 2008 and held roles including Senior Director of Marketing. From 2011 through 2015 Mr. Raghavan served as the co-founder of Rental Roost, an online apartment listing service. Mr. Raghavan holds an MBA with a Finance and Marketing emphasis from Temple University.

Alec Wilkins

E. Glen Nickle

Barclay Corbus

Mr. Barclay F. Corbus is Independent Director of Overstock.com Inc., since March 9, 2007. He is a member of the Audit Committee and the Nominating and 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.

Kirthi Kalyanam

Dr. Kirthi Kalyanam, Ph.D., is Independent Director of The Overstock.com, Inc. Dr. Kirthi Kalyanam has served as Director of Overstock since February 2015. He is currently the J.C. Penney Research Professor and Director of the Retail Management Institute at the Leavey School of Business at Santa Clara University. He has also served as Faculty Director of the Executive MBA program, a visiting Professor at the Graduate School of Business at Stanford University, a guest faculty in the Stanford Executive MMP program, and Senior Vice President and Chief Marketing Officer of SpinCircuit Inc., a provider of supply chain integration services to the electronics industry. He received his Ph.D. in business administration from the Krannert School of Management, Purdue University. His research and expertise are in retailing, Internet and multi-channel marketing, quantitative marketing and the intersection of these areas. Dr. Kalyanam performs consulting services for several companies, including Overstock. The specific experience, qualifications, attributes or skills that led the Board to conclude that Dr. Kalyanam should serve as a director in light of our business and structure were his extensive expertise in in retailing, Internet and multi-channel marketing and quantitative marketing.

Joseph Tabacco

Mr. Joseph J. Tabacco, Jr., is an Independent Director of Overstock.com, Inc. Mr. Joseph J. Tabacco, Jr. has served as a Director of Overstock since June 2007. He is a member of the Audit Committee and the Compensation Committee and is the Chairman of the Nominating and Corporate Governance Committee. For more than the last five years Mr. Tabacco has served as the managing partner of the San Francisco office of Berman DeValerio (formerly Berman DeValerio Pease Tabacco Burt & Pucillo). A 1974 honors graduate of George Washington University School of Law, Mr. Tabacco litigates antitrust, securities fraud, commercial high tech, and intellectual property matters. Since entering private practice in the early 1980s, Mr. Tabacco has served as trial or lead counsel in numerous antitrust and securities cases and has been involved in all aspects of state and federal litigation. Prior to 1981, Mr. Tabacco served as senior trial attorney for the U.S. Department of Justice, Antitrust Division, and in both the Central District of California and the Southern District of New York. Mr. Tabacco frequently lectures and authors articles on securities and antitrust law issues and is a member of the Advisory Board of the Institute for Consumer Antitrust Studies at Loyola University Chicago School of Law. Mr. Tabacco is also a former teaching fellow of the Attorney General's Advocacy Institute in Washington, D.C., and has served on the faculty of ALI-ABA on programs about U.S.-Canadian business litigation and trial of complex securities cases.

Mark Harden