Two Directors Resign From Struggling Buy.com’s Board
Two directors of financially troubled online retailer Buy.com Inc. have resigned from the board, the Aliso Viejo company said in a press release Friday. The company said Friday that Jon Firestone and Bill Richion quit, but it did not explain. “I believe a smaller board will provide a more effective governance structure for our company as we continue to drive toward positive operating cash flow,†Jim Roszak, Buy.com’s chief executive, said in the release.
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