Overstock has named Gregory Iverson as its new chief financial officer.
Iverson previously served as chief financial officer for Apollo Education Group (AEG), a global private-sector education company, where he had been employed since 2007. Additionally, Iverson brings more than 20 years of financial, operational, and merger, acquisition and divestiture experience and is a certified public accountant.
“We are pleased to announce Greg Iverson as our new CFO,” said Patrick Byrne, CEO, Overstock.com. “Greg comes to us with great experience handling complex financial matters, and joins the Overstock team at a time when the opportunities for the future of our business will greatly benefit from his knowledge and experience.”
Iverson, who will join Overstock on April 16, is replacing Robert Hughes, who is retiring from his current role with Overstock in order to become CFO of DeSoto Inc., a joint venture between Byrne, Medici Ventures, and economist Hernando de Soto that plans to utilize blockchain and other technology to develop a property registry system.