Overstock.com – a major US-based e-commerce platform – has reportedly recruited Jonathan Johnson to be the company’s new CEO, as reported on September 23. 

Johnson has been taking the position of interim CEO for Overstock beginning August last year, when then-CEO Patrick Byrne decided to call it a day at the firm. 

Aside from the CEO position, Johnson will have also been appointed to be on the board of Directors, president at Overstock’s venture capital arm Medici Ventures, and chairman of the board at its blockchain-focused subsidiary tZERO Group.

“Overstock has two unique businesses. […] I have run both, and I know how to unlock the value in each. I’m confident we can rapidly return our retail business to profitable growth. Our transformative blockchain businesses continue to lead their respective industries by getting real products into production.” Johnson shared his remarks. 

Overstock further disclosed that Robert Hughes – who formerly served as the principal financial officer at the company – has been chosen as the new acting chief financial officer, after Greg Iverson stepped down.