11
Overstock CEO resigns after 'Deep State' comments roil stock

Overstock CEO resigns after 'Deep State' comments roil stock

5 years ago
Anonymous $ZuTig1gZkQ

https://apnews.com/8b0be621b83c4dc6bffe1244d232886a

SAN FRANCISCO (AP) — The CEO of Overstock.com has resigned, saying he'd become "far too controversial" to helm the e-commerce company known for selling discounted sofas and jewelry.

Patrick Byrne's resignation Thursday came after the company issued an bizarre statement last week in which the former CEO referred to the "Deep State," called federal agents "Men in Black" and confirmed a journalist's stories detailing his relationship with Maria Butina, a gun-rights activist who was sentenced to prison for being an unregistered agent of Russia.