Jamie Iannone will become eBay’s new CEO.
Jamie Iannone will step into the role of CEO for eBay effective April 27 after the full eBay Board unanimously supported his selection as chief executive. He was also elected to eBay’s board.
Iannone replaces Devin Wenig seven months after eBay announced that Wenig stepped down from the role of CEO. Previously, according to TechCrunch, Iannone held a number of high profile executive gigs under the Walmart umbrella, including serving as the CEO of SamsClub.com. Other jobs include a four year stint at Barnes & Noble’s digital division (including Nook) and eight years as at eBay.
Thomas Tierney, chairman of eBay’s board, said in a news release that eBay’s board was “impressed by his strong track record of innovation, execution, operational excellence, and developing teams that drive results. He is a world-class leader, and we are excited to welcome him back to eBay.”
Scott Schenkel, interim CEO for the past six months, will stay on with the company to work with Iannone through a smooth transition, per Talk Business.
“We are deeply appreciative to Scott Schenkel for his leadership,” Mr. Tierney added, “not only over the past six months as interim CEO, but also during his 13-year tenure at eBay. In addition to leading bold actions in response to the COVID-19 pandemic, with Scott as interim CEO, eBay has re-prioritized its product roadmap, scaled growth initiatives, significantly improved margins and positioned the Company for enhanced shareholder returns. On behalf of the Board and the entire eBay family, we extend our sincerest gratitude to Scott for a job exceptionally well done.”
Mr. Iannone’s appointment marks the end of a comprehensive search process led by a dedicated committee of eBay’s Board of Directors and supported by outside executive search and leadership advisory firm Spencer Stuart, according to Martech Series.
