Difference between revisions of "Jonathan E. Johnson"

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Jonathan "JJ" Edward Johnson III

Jonathan "JJ" Johnson (born Jonathan Edwin Johnson III) is active member of The Church of Jesus Christ of Latter-day Saints and an American business executive, currently serving as the CEO ^{[1] [2]} for Overstock.com. He was a candidate for the Republican nomination in the 2016 Utah gubernatorial election.^[3] He has been married to his wife, Courtney Johnson, since 1988 and together they have five sons.

Johnson was born in Los Angeles, California, to Jonathan E. Johnson II and Clare Hardy Johnson, the oldest of their eight sons. He received a bachelor's degree in Japanese from Brigham Young University in 1990 and studied at Osaka University of Foreign Studies in Japan as a Ministry of Education Scholar. He received his Juris Doctor Degree from the J. Reuben Clark Law School, also at Brigham Young University, in 1993.^[4]

Career

Following his graduation, Johnson worked as a judicial clerk at the Utah Court of Appeals for Utah Supreme Court Justice Leonard H. Russon and practiced corporate law in Los Angeles with two international law firms — New York-based law firm of Milbank, Tweed, Hadley & McCloy and the San Francisco-based law firm of Graham & James.

In 1999, Johnson moved back to Utah to work for the publicly traded software company TenFold Corporation, staying there until 2002 when he was hired by Overstock.com to be general counsel. He grew to hold various business positions within the company, including five years as company president, followed by Executive Vice Chairman for one year and three years as Chairman of the Board.

While Utah waited for the U.S. Supreme Court ruling on the state’s same-sex marriage legislation, he founded Promote Liberty PAC^[5] in an effort to combat what he believed could eventually lead to an infringement on the First Amendment rights of Utah citizens. He proposed an amendment to the Utah State Constitution that would protect religious liberty.

Overstock.com

Upon the departure of Patrick Byrne on August 22, 2019, Johnson became the interim CEO of Overstock.^[6] One month later, on September 23, 2019, he was appointed CEO.^{[7] [8]}

Johnson has been an integral part of Overstock's growth from a small start-up to a publicly traded company with over $3 billion in sales and nearly 2,000 employees. Under Johnson’s leadership, Overstock has been named one of Forbes' "100 Most Trustworthy Companies,"^[9] and has won numerous awards - including seven consecutive Mobile Web Awards for Best Retail App^[10], a Gold Stevie Award for Company of the Year in 2012^[11], and Compuware's 2011 Best of the Web Gold award ^[12]. Most recently, the company received a Loyalty360 Gold award for Employee Engagement & Impact and Loyalty360 Silver award for Technology & Trends^[13] and named on Forbes' list of America's Best Midsized Employers of 2021.^[14]

Overstock.com previously paid to list products on Google but now that independent seller listings are free, Overstock is also adding low-margin products. Speaking to the New York Times in April 2021 about the benefits of Google’s drive to present itself as a cheaper and less restrictive option for independent sellers, Johnson said, "When all shopping starts and stops at Amazon, that's bad for the industry. It's nice to have another 800-pound tech gorilla in this space."^[15]

In June 2020, the U.S. General Services Administration announced that Overstock is one of three companies chosen for a pilot program to provide an online marketplace for federal agencies. Overstock joins Amazon and Thermo Fisher Scientific in the three-year program. Under this program, five government agencies - Environmental Protection Agency, Veteran Administration, Department of Justice, Labor Department, and General Services Administration - will be allowed to make any purchase under $10,000 from the approved websites. "Ever since I was old enough to start reading and caring about the newspaper, I've read stories about gold-plated toilet seats or whatever it is that the government was buying the wrong way," Johnson told KSL.com. "This is going to let them go to a website, know they're getting a great deal, and move forward."^[16]

References