Beyond Inc., owner of Overstock, Bed Bath & Beyond, Zulily and other online brands, has streamlined its C-suite, doing away with co-CEO and dual chief merchant roles and expanding the executive chair role. Chandra Holt, who arrived in February to become Bed Bath & Beyond CEO, has left.
Dave Nielsen, previously Overstock CEO, has been appointed president, overseeing marketing, merchandising and supply chain. Marketing and merchandising duties will be spread across the three brands, per a Monday press release.
Adrianne Lee will continue as chief financial and administrative officer, and Marcus Lemonis “will continue in his increasingly active role as Executive Chairman,” the company said. Lemonis has been a director since October and chairman since December, and his role was expanded to executive chairman in February.
Source: Retail Dive