The CEO of Bed Bath & Beyond has resigned following pressure from an activist investor. The company, which rebranded from “Overstock.com” to Bed Bath & Beyond earlier this year after acquiring the bankrupt retailer, announced the resignation of Johnathan Johnson on Monday (Nov. 6). “Following the recent acquisition of the Bed...
November 19, 2023
JAT Capital isn’t done with Bed Bath & Beyond after demanding the removal of its CEO. In what a Friday (Nov. 17) CNBC report described as a “scathing” letter, the investment firm has written to the board of the company — formerly known as Overstock — accusing it of refusing to answer shareholder questions and engaging in […]
November 06, 2023
The CEO of Bed Bath & Beyond has resigned following pressure from an activist investor. The company, which rebranded from “Overstock.com” to Bed Bath & Beyond earlier this year after acquiring the...