Beyond Inc. announces new CEOs for Bed Bath & Beyond and Overstock
Midvale-based Beyond Inc. has named new CEOs for both its Bed Bath & Beyond and Overstock operating units. Marcus Lemonis, executive chairman of Beyond, joined the board of directors in announcing the appointment of Chandra Holts as CEO of Bed Bath & Beyond and Dave Nielsen as CEO of Overstock.
Lemonis also said Adrianne Lee, the company’s chief financial officer, will also assume the role of chief administrative officer.
As the company — which rebranded from Overstock.com to Beyond in November — continues to evolve, these executive changes were designed to position both the Bed Bath & Beyond and Overstock brands for growth and success into the future, Lemonis said.
“Beyond is in the midst of a great transformation that required changes to the executive team structure in support of our strategic objectives to drive shareholder value,” said Lemonis. “Chandra’s retail and leadership expertise and proven e-commerce track record makes her an invaluable addition to our team to drive Bed Bath & Beyond forward. With Dave’s extensive experience in furniture and home furnishings e-commerce and retail liquidation, I am confident he will quickly reignite the valuable Overstock brand. I’m excited to see the collective impact Chandra, Dave, and Adrianne’s leadership will have on our business.”
A veteran merchandiser with expertise in e-commerce, Holt held various leadership roles at Walmart and Target before joining Conn’s Home-Plus, a specialty retailer with more than 180 retail locations across 15 states, in 2021 as president and CEO.
Nielsen joined Overstock in 2009 and has held several executive positions since that time and has been president since 2010, leading the company’s marketing, merchandising, supply chain, technology and digital product organizations. Most recently, he served as interim CEO and president, overseeing company operations.
Lee has been chief financial officer since 2020 and oversees all financial-related matters for the company, in addition to the legal, communications, investor relations and IT security functions.