Daily Crunch: Overstock CEO resigns

TechCrunch | 8/23/2019 | Staff
Nighty (Posted by) Level 3
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This comes after CEO Patrick Byrne released a statement declaring that he cooperated with federal investigators back in 2015 and was in fact “the notorious ‘missing chapter 1’ of the Russia investigation.” He subsequently gave interviews that also touched on his relationship Maria Butina, who’s been accused of working as a Russian agent.

Controversy - Overstock - Share - Price - Byrne

The ensuing controversy sent Overstock’s share price tumbling, and Byrne said yesterday that he would have to “sever ties with Overstock, both as CEO and board member.”

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