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
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
Current eBay board member Bob Swan has joined venture capital firm Andreessen Horowitz as a Growth Operating Partner. Swan served as Chief Financial Officer of eBay for nine years. Swan left eBay after the company was unsuccessful in fending off Read more
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
eBay’s board not only capitulated to Carl Icahn’s demands last year that eBay separate the Marketplaces and Payments businesses, now it has signed an agreement giving in to additional demands. In its Q4-2014 earnings release on Wednesday, eBay revealed the Read more
Early this year, Carl Icahn came out swinging against eBay CEO John Donahoe and its Board, but backtracked on Thursday after the parties came to a settlement and agreed to disagree. Donahoe has passion for the company, Icahn told CNBC, something Read more
eBay’s battle to fend off Carl Icahn is benefitting other tech firms, from Twitter to Google. Aside from the fodder the proxy battleprovides tech reporters (CNBC has been on a roll with its coverage), there are now “dualing hashtags” on Twitter, Read more
Carl Icahn has been pressuring eBay to spin off PayPal into a separate company since January, and for the first time eBay faces a contested proxy (the issues on which shareholders vote, such as board nominations). eBay said its board has considered Read more
eBay warned employees last month not to let a shareholder battle with Carl Icahn distract them, and eBay CEO John Donahoe sent another letter to employees this week. “As predicted,” he wrote, “we’re having a public dialogue with activist investor Carl Read more
eBay issued a press release on Wednesday titled, “Stick to the Facts, Carl” in response to Carl Icahn’s most recent letter to eBay shareholders, but it might as well have read, “Stick It, Carl.” In its response to Icahn’s first Read more
