Daily News
From Home Furnishing Business
Beyond, Inc. Announces Structural Changes to Leadership
June 17,
2024 by HFBusiness Staff in Business Strategy, Industry 
Beyond, Inc., owner of Overstock, Bed Bath & Beyond, Zulily, and other online retail brands designed to unlock your home’s potential, announced structural changes to its leadership team and broader organization. The following changes have been approved by the Company’s board of directors and are effective immediately:
Elimination of Co-Chief Executive roles
Expansion of Executive Chairman role
Elimination of dual Chief Merchant roles
Concurrent with these structural changes, Chandra Holt has departed the Company, the marketing and merchandising leadership functions have been streamlined across all three brands, and Dave Nielsen has been appointed President, overseeing the marketing, merchandising, and supply chain functions for Beyond. Adrianne Lee will continue in her role as Chief Financial and Administrative Officer, and Marcus Lemonis will continue in his increasingly active role as Executive Chairman.
"As a company, we are intent on achieving profitability," said Marcus Lemonis, Executive Chairman. "We believe margin improvement, SG&A reduction, efficiency, and alignment are the key factors that will get us there, and we are therefore streamlining and flattening our organization to reflect what we believe will yield greater efficiencies and better results. I’m pleased with the sequential progress we are making and clearly see the path to our goal."