Elliott Management Archives - EcommerceBytes https://www.ecommercebytes.com/tag/elliott-management/ Ecommerce Industry News Mon, 25 Sep 2023 20:51:29 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://www.ecommercebytes.com/wp-content/uploads/2017/06/EB_site_icon-150x150.gif Elliott Management Archives - EcommerceBytes https://www.ecommercebytes.com/tag/elliott-management/ 32 32 Former eBay CEO Joins Pinterest Board of Directors https://www.ecommercebytes.com/2023/09/25/former-ebay-ceo-joins-pinterest-board-of-directors/ Mon, 25 Sep 2023 20:47:08 +0000 https://www.ecommercebytes.com/?p=229878 Pinterest has long been looking to monetize its social-networking site, and it’s been lining up some former eBay executives to help. The latest is Scott Schenkel, who had taken over as Interim CEO of eBay when Devin Wenig abruptly resigned Read more]]> Former eBay CEO Still Wields Influence over PayPal as It Names New CEO https://www.ecommercebytes.com/2023/08/14/former-ebay-ceo-still-wields-influence-over-paypal-as-it-names-new-ceo/ Mon, 14 Aug 2023 23:56:56 +0000 https://www.ecommercebytes.com/?p=229690 Nine years ago, former eBay CEO John Donahoe named Dan Schulman head of PayPal prior to the companies’ split in 2015, and in his current role as Chairman of the PayPal Board, Donahoe had a say in naming Schulman’s replacement Read more]]> PayPal to Layoff 7 Percent of Its Workforce https://www.ecommercebytes.com/2023/01/31/paypal-to-layoff-7-percent-of-its-workforce/ Wed, 01 Feb 2023 01:56:14 +0000 https://www.ecommercebytes.com/?p=228812 PayPal will layoff 2,000 full time employees, which is about 7% of its total workforce, the company announced on Tuesday. It comes as other tech and ecommerce companies have laid off employees, including Amazon and Shopify. In PayPal’s case, CEO Read more]]> eBay ‘Refreshes’ Board of Directors; Annual Meeting Set for June https://www.ecommercebytes.com/2022/04/21/ebay-refreshes-board-of-directors-annual-meeting-set-for-june/ Fri, 22 Apr 2022 00:39:51 +0000 https://www.ecommercebytes.com/?p=227458 Four members of eBay’s Board of Directors will step down in June. The development comes after a major Board shakeup in 2020, the same year the government brought cyberstalking conspiracy charges against seven members of its security team. eBay spun Read more]]> eBay to Hold Investor Day, First Since Activist Investor Attacks https://www.ecommercebytes.com/2022/01/24/ebay-to-hold-investor-day-first-since-activist-investor-attacks/ https://www.ecommercebytes.com/2022/01/24/ebay-to-hold-investor-day-first-since-activist-investor-attacks/#comments Tue, 25 Jan 2022 02:53:56 +0000 https://www.ecommercebytes.com/?p=227005 eBay will hold its first Investor Day since it was subjected to an activist investor campaign in 2019. This year’s Investor Day will take place in March and will feature presentations by eBay CEO Jamie Iannone, Chief Financial Officer Steve Read more]]> https://www.ecommercebytes.com/2022/01/24/ebay-to-hold-investor-day-first-since-activist-investor-attacks/feed/ 3 eBay Forced to Sell Some UK Units to Let Classifieds Deal Go Forward https://www.ecommercebytes.com/2021/03/02/ebay-forced-to-sell-some-uk-units-to-let-classifieds-deal-go-forward/ Tue, 02 Mar 2021 13:30:25 +0000 https://www.ecommercebytes.com/?p=17788 eBay’s sale of its Classifieds Group to Adevinta hit a snag last month due to regulators in the UK. The two companies agreed this week to sell three of their UK units – Shpock, Gumtree (UK), and Motors.co.uk – in Read more]]> Most eBay Sellers Said Good Riddance to StubHub in January https://www.ecommercebytes.com/2019/11/26/most-ebay-sellers-said-good-riddance-to-stubhub-in-january/ Wed, 27 Nov 2019 02:22:51 +0000 https://www.ecommercebytes.com/?p=15001 A majority of sellers thought eBay should sell its ticket marketplace when we surveyed them in January, so this week’s news that eBay found a buyer for StubHub at a price tag of $4.05 billion isn’t likely to come as Read more]]> Sellers Weigh In on Selling eBay Subsidiaries https://www.ecommercebytes.com/2019/02/24/sellers-weigh-in-on-selling-ebay-subsidiaries/ Mon, 25 Feb 2019 01:27:05 +0000 http://www.ecommercebytes.com/?p=13172 Activist investor Carl Icahn forced eBay to split with PayPal in July 2015, but in a survey conducted last month, a majority of sellers said they were not better off as a result of the breakup. EcommerceBytes conducted the survey Read more]]> Activist Investor Digs In, Says eBay Needs Urgent Change https://www.ecommercebytes.com/2019/01/31/activist-investor-digs-in-says-ebay-needs-urgent-change/ https://www.ecommercebytes.com/2019/01/31/activist-investor-digs-in-says-ebay-needs-urgent-change/#comments Thu, 31 Jan 2019 22:05:14 +0000 http://www.ecommercebytes.com/?p=12749 eBay released fourth-quarter earnings on Wednesday, and it didn’t do anything to dissuade the activist investor from targeting the company. For a refresher, see last week’s article, eBay Once Again in Crosshairs of Activist Investor. Elliott Management said eBay needs Read more]]> https://www.ecommercebytes.com/2019/01/31/activist-investor-digs-in-says-ebay-needs-urgent-change/feed/ 2 eBay Once Again in Crosshairs of Activist Investor https://www.ecommercebytes.com/2019/01/22/ebay-once-again-in-crosshairs-of-activist-investor/ https://www.ecommercebytes.com/2019/01/22/ebay-once-again-in-crosshairs-of-activist-investor/#comments Tue, 22 Jan 2019 16:06:25 +0000 http://www.ecommercebytes.com/?p=12675 eBay is once again in the crosshairs of an activist investor, this time Elliott Management, which said it “beneficially owns” over 4% of eBay, making it one of the company’s largest investors. The last time an activist investor took aim Read more]]> https://www.ecommercebytes.com/2019/01/22/ebay-once-again-in-crosshairs-of-activist-investor/feed/ 11