Overstock.com Appoints Marcus Lemonis as Independent Director

Overstock.com, Inc. has announced the appointment of Marcus Lemonis as its newest independent director. Lemonis, currently the Chairman and CEO of Camping World, brings a wealth of experience in growing and scaling companies. Known for his expertise in improving small businesses on CNBC’s The Profit, Lemonis focuses on people, process, and products to achieve stability and profitability. He also hosts the hit TV show The Renovator, where he helps homeowners enhance the value and functionality of their homes.

With over 25 years of business development, corporate retail, and entrepreneurship experience, Lemonis has successfully grown Camping World and Good Sam into the world’s largest RV and outdoor retailer and affinity group. Camping World operates in more than 40 states with over 13,000 employees, while Good Sam registers over 5.2 million active consumers across various products and services.

Allison Abraham, Chairwoman of the Board at Overstock.com, expressed delight in welcoming Lemonis to the board, highlighting his leadership, retail expertise, and customer engagement skills. Jonathan Johnson, CEO of the new Bed Bath & Beyond and board member, also praised Lemonis’ business acumen and expects him to play a significant role in the company’s transformational phase.

Lemonis expressed his enthusiasm about joining Overstock.com’s Board of Directors during this pivotal time for the company. As the company embarks on a new phase of growth with the iconic Bed Bath & Beyond brand, Lemonis believes his passion for reinventing and reformatting businesses aligns perfectly with the opportunities that lie ahead.

With the addition of Lemonis, the Overstock board now consists of nine members, eight of whom are independent. This appointment signifies the company’s commitment to leveraging Lemonis’ experience in leadership, retail, branding, and customer engagement to position itself for continued growth and success.

About Marcus Lemonis:
Marcus Lemonis is widely recognized as the “business turnaround king” and the star of CNBC’s reality series The Profit. As the Chairman and CEO of Camping World and Good Sam, he has achieved remarkable success in the RV and outdoor retail industry. Lemonis’ expertise extends to helping struggling small businesses through his TV show, The Profit, where he focuses on improving them with the “3P” principle: People, Process, and Product. He also hosts The Renovator, where he assists homeowners in enhancing their homes’ value and functionality.

About Overstock.com:
Overstock.com, Inc. is a technology-focused innovator based in Midvale, Utah. The company owns the Bed Bath & Beyond brand and other related intellectual property. Bed Bath & Beyond is a leading online home furnishings and furniture retailer in the United States and Canada, offering a wide range of new home products at affordable prices. With millions of products and a large customer base, Overstock.com continues to be a prominent player in the e-commerce industry.