Beyond CEO Jonathan Johnson steps down at board's request; David Nielsen named interim CEO

BED BATH & BEYOND, INC.

Jonathan Johnson resigned as CEO and director effective Nov 6, 2023, by mutual agreement with the Board.
David Nielsen, President, appointed Interim CEO; CFO Adrianne Lee expands role to include legal and HR.
Board reduces to eight members and will conduct a search for a permanent CEO.
Johnson receives severance benefits per the Tier 1 Key Employee Severance Plan.

item 5.02 item 9.01

Executive movements

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Departed (interim)

Jonathan Johnson

Chief Executive Officer

BBBY · BED BATH & BEYOND, INC.

Effective: 2023-11-06
Successor: David J. Nielsen
Filed: November 6, 2023, 6:59 PM ET

On November 6, 2023, Beyond, Inc. (formerly Overstock.com, Inc., the “Company”) announced that Jonathan Johnson has stepped down as Chief Executive Officer (“CEO”) of the Company and a member of the Board of Directors (the “Board”) at the request of the Board, effective immediately.

Appointed (interim)

David J. Nielsen

Interim Chief Executive Officer

BBBY · BED BATH & BEYOND, INC.

Effective: 2023-11-06
Filed: November 6, 2023, 6:59 PM ET

The Company’s current President, David J. Nielsen, age 53, has been appointed Interim Chief Executive Officer of the Company, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Jonathan Johnson departed as Chief Executive Officer at BED BATH & BEYOND, INC..

Action: stepped down
Role: Chief Executive Officer

Exact text from the filing

On November 6, 2023, Beyond, Inc. (formerly Overstock.com, Inc., the “Company”) announced that Jonathan Johnson has stepped down as Chief Executive Officer (“CEO”) of the Company and a member of the Board of Directors (the “Board”) at the request of the Board, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

David J. Nielsen was appointed as Interim Chief Executive Officer at BED BATH & BEYOND, INC..

Action: appointed
Role: Interim Chief Executive Officer

Exact text from the filing

The Company’s current President, David J. Nielsen, age 53, has been appointed Interim Chief Executive Officer of the Company, effective immediately.

View on SEC.gov

BED BATH & BEYOND, INC. filing history →

Source: SEC EDGAR

accession 0001140361-23-051569

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