SALT LAKE CITY, May 9, 2013 /PRNewswire/ -- Overstock.com, Inc. (NASDAQ: OSTK) today announced that the stockholders at the company's annual meeting, held on May 9, 2013, re-elected Joseph J. Tabacco and elected Jonathan E. Johnson III to the company's board of directors to serve terms of three years. Also, the board of directors today named Johnson as executive vice chairman of the board.
Patrick M. Byrne, chairman and chief executive officer of Overstock.com said, "I am grateful our stockholders have re-elected Joe and elected Jonathan to the board. To date, Joe has made enormous contributions to the board. Jonathan's election is a well-deserved achievement in his 10-year history of exceptional executive work for the company. I'm looking forward to his contributions as board executive vice chair."
In addition to re-electing Tabacco and electing Johnson, the company's stockholders ratified the selection of KPMG LLP as the company's independent accountants.About Overstock.com Overstock.com (NASDAQ: OSTK) is an online discount retailer based in Salt Lake City, Utah that sells a broad range of products including furniture, rugs, bedding, electronics, clothing, jewelry and cars. Worldstock.com, a fair trade department dedicated to selling artisan-crafted products from around the world offers additional unique items. Main Street Revolution supports small businesses across the United States by providing them a national customer base. The Nielsen State of the Media: Consumer Usage Report placed Overstock.com among the top five most visited mass merchandiser websites in 2011. The NRF Foundation/American Express 2011 Customer Choice Awards ranked Overstock.com #4 in customer service among all U.S. retailers. Overstock.com sells internationally under the name O.co. Overstock.com ( http://www.overstock.com and http://www.o.co) regularly posts information about the company and other related matters under Investor Relations on its website. Overstock.com®, O.co®, Worldstock Fair Trade® and Club O Rewards® are registered trademarks of Overstock.com, Inc. O.info™, Club O™, and Club O Rewards Dollars™ and Your Savings Engine™ are trademarks of Overstock.com, Inc. All other trademarks are the property of their respective owners.