Citing personal reasons, Jason Lindsey has resigned as president and CFO of Salt Lake City-based Overstock.com Inc. Overstock said Lindsey will remain with the company “in a limited role.”
Patrick Byrne, chairman and CEO, will reassume the role of president. David Chidester, Overstock.com's controller, will serve as acting CFO.
Lindsey has served as Overstock.com's CFO since the company was launched in 1999, and he was named president in April. The company says he was crucial to Overstock.com's successful initial public offering in May 2002 and follow-on offering in February.
"I've decided to step down as president and CFO so I can devote more time to tend to a family health issue," Lindsey said. "While I won't be as involved in the day-to-day management of the company, I will continue to advise Patrick regarding Overstock.com's business. "
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