Overstock CEO resigns after divulging romantic relationship with Russian agent Maria Butina

Patrick Byrne.
(Image credit: Reuters Staff)

The CEO of Overstock has resigned after divulging having been in a romantic relationship with convicted unregistered Russian agent Maria Butina and in a strange press release commenting on the "deep state."

Patrick Byrne in a letter to shareholders on Thursday said that he is in the "sad position of having to sever ties" with the company effective today, although he contends that "I did what was necessary for the good of the country," The New York Times reports.

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Brendan Morrow

Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.