Overstock re-elects Macklin, elects Byrne
April 28, 2004-- Home Textiles Today,
SALT LAKE CITY — Gordon Macklin has been re-elected and insurance industry veteran Jack Byrne has been elected to the Overstock.com board of directors. The Overstock.com board of directors also appointed Byrne to the position of vice chairman.
As the father of Patrick Byrne, president and chairman of Overtock.com, Jack Byrne is not considered an independent director. However, with his return to the Overstock.com board, three independent directors continue to hold a majority of the company's five-member board, stated the company.