Overstock.com Inc. said late Friday Stormy Simon will resign as the online retailer’s president by July 25. Simon will remain a member of the company’s board of directors until no later than Sept. 30, Overstock.com said in a statement. Simon’s duties will be split between acting CEO Mitch Edwards and two other top executives. Patrick M. Byrne, Overstock’s founder and CEO, is currently on medical leave. Shares of Overstock.com rose 1.1% in late trading after ending the regular session down 0.3%.
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