Overstock CEO Patrick Byrne quits as ‘deep state’ remarks cause uproar | WHAT REALLY HAPPENED

Overstock CEO Patrick Byrne quits as ‘deep state’ remarks cause uproar

With his company’s stock in free fall, Overstock.com CEO Patrick Byrne resigned as CEO on Thursday effective immediately, after he stunned investors by disclosing his entanglements with the “Deep State” as we reported previously.

Byrne, 56, who founded the company in 1999 and took it public three years later, will be succeeded by director Jonathan Johnson who was with the company for 17 years and has recently served as president of Overstock’s blockchain business, Medici Ventures.

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