Outpost.com CFO resigns

Top 500 Guide

Chief Financial Officer Paul D. Williams III has resigned from Outpost.com. His duties have been assumed temporarily by Michael T. Dylag, vice president of finance and administration, and Michael Bishop, director of financial reporting. Williams has agreed to assist the company as a consultant. His departure came only days after Outpost decided to lay off 110 employees—30% of its workforce—as part of its effort to refocus its business on consumer sales of electronics products. Outpost last week reported that its first quarter sales were up 58% over the year-earlier quarter, while losses remained the same: $10.2 million this year vs. $9.8 million a year ago.