Beyond CEO steps down as the former Overstock.com announces leadership transition

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Beyond CEO steps down as the former Overstock.com announces leadership transition
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James Rogers is a Financial Columnist for MarketWatch.

Beyond Inc. CEO Jonathan Johnson has stepped down as CEO and from the company’s board, the former Overstock.com Inc.

announced Monday. Johnson’s departure follows a mutual agreement between the CEO and the board to transition the company to new leadership, according to a statement. Beyond President David Nielsen has been appointed to an expanded role as Interim CEO and president. An internal and external search is now underway to find a permanent CEO, the company said. Overstock.com Inc. has operated as Bed Bath & Beyond following its acquisition of that bankrupt company’s intellectual property in June.

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