We had a great "Next Big Event. Jonathan Jonhson really inspried the more than 200 people in attendance. We really thank him for coming and visiting with the members of Tech Up and SUU.
The Next Big Event, November 14, 2014 - Jonathan Johnson III - Overstock.com Chairman of the Board Was Fantastic!!
Overstock.com - In early 1999, Dr. Patrick M. Byrne recognized the potential in liquidating excess inventory through the Internet. Up until then, bargain-seeking consumers had relied upon far-off outlet centers with crowds and limited product selections. In addition, small retailers had little access into the world of closeout merchandise. Online shopping was still in its early stage, but six months later, and with no outside funding, Overstock.com launched with the mission to be the premier company to sell excess inventory through the Internet. Overstock.com quickly became an online leader in a market valued at $60 billion in the United States. Overstock.com's GAAP revenue has grown from $1.8 million in 1999 to nearly $1.3 billion in 2013. Overstock.com offers over one million products on its site. Since its October 1999 launch, Overstock.com customers have saved millions of dollars off manufacturers' recommended retail prices.
Jonathan E. Johnson III - Chairman of the Board of Directors
Jonathan Johnson has been Chairman of Overstock.com since April 2014. Prior to that, he was Overstock.com's President for five years. Jonathan joined Overstock.com in 2002 as the Company's General Counsel and held various business and legal related positions before becoming the company's President. He has been part of Overstock.com's meteoric growth from a small start-up to a publicly-traded company with $1.1 billion in sales and over 1,400 employees.
Jonathan serves as the Chairman of the Salt Lake Chamber's Clean Air Task Force and is dedicated to protecting and improving Utah's air quality. He is also a member of the Better Business Bureau's National Partner Leadership Circle.
Prior to joining Overstock.com, Jonathan was with TenFold Corporation in various positions, including CFO and General Counsel. Before that, he practiced corporate law in Los Angeles with two international law firms. He also served as a judicial clerk at the Utah Supreme Court.
Jonathan received a bachelor's degree in Japanese from Brigham Young University, studied at Osaka University of Foreign Studies in Japan as a Ministry of Education Scholar, and received his law degree from the BYU Law School.
Jonathan lives in Salt Lake with his wife of 25 years. He has five sons, ages 21 to 10.
We want to thank our original and continuing Sponsors's Southern Utah University, SUU Business Resource Center and SBDC, and Cedar City/Iron County Economic Development for helping us off to a such a great start.
Jonathan E. Johnson III - Chairman of the Board of Directors
Jonathan Johnson has been Chairman of Overstock.com since April 2014. Prior to that, he was Overstock.com's President for five years. Jonathan joined Overstock.com in 2002 as the Company's General Counsel and held various business and legal related positions before becoming the company's President. He has been part of Overstock.com's meteoric growth from a small start-up to a publicly-traded company with $1.1 billion in sales and over 1,400 employees.
Jonathan serves as the Chairman of the Salt Lake Chamber's Clean Air Task Force and is dedicated to protecting and improving Utah's air quality. He is also a member of the Better Business Bureau's National Partner Leadership Circle.
Prior to joining Overstock.com, Jonathan was with TenFold Corporation in various positions, including CFO and General Counsel. Before that, he practiced corporate law in Los Angeles with two international law firms. He also served as a judicial clerk at the Utah Supreme Court.
Jonathan received a bachelor's degree in Japanese from Brigham Young University, studied at Osaka University of Foreign Studies in Japan as a Ministry of Education Scholar, and received his law degree from the BYU Law School.
Jonathan lives in Salt Lake with his wife of 25 years. He has five sons, ages 21 to 10.
We want to thank our original and continuing Sponsors's Southern Utah University, SUU Business Resource Center and SBDC, and Cedar City/Iron County Economic Development for helping us off to a such a great start.