EcommerceBytes-NewsFlash, Number 1266 - April 26, 2006     2 of 4

Overstock.com Names New President

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Overstock.com's board of directors has appointed Patrick M. Byrne chairman and chief executive officer, and Jason Lindsey president and chief operating officer. Jack Byrne, Overstock.com's prior chairman and father of Patrick Byrne, was named deputy chairman.

Lindsey served as Overstock.com's chief financial officer from 1999 until he retired in August 2003, and as president from April 2003 until his retirement in August 2003. He has also served on the Overstock.com board for much of the company's history.

Jack Byrne retired as chairman of White Mountain Insurance Group and Montpelier Re, and is a former chief executive officer of White Mountain Insurance Group, GEICO and Fireman's Fund. He served as an Overstock.com director from October 1999 until October 2002, and then rejoined the board in June 2004. He served as Overstock.com's chairman from August 2005 until April 2006.

http://www.overstock.com


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