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EcommerceBytes-NewsFlash, Number 1714 - January 28, 2008 - ISSN 1539-5065    1 of 6

eBay to Announce Changes at Tuesday's eCommerce Forum

By Ina Steiner
January 28, 2008

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eBay plans to webcast the Ecommerce Forum keynote address at Tuesday's annual meeting of top sellers, during which it will announce much anticipated changes. eBay President and CEO Elect John Donahoe told analysts during last Wednesday's conference call that the company would announce changes this week to key areas including pricing and feedback.

Donahoe is currently President of eBay Marketplaces and is replacing outgoing CEO Meg Whitman when she steps down on March 31, 2008. Whitman will remain on the Board of Directors and will serve as a special advisor, drawing an annual salary of $600,000 and a target annual incentive bonus of 100% of salary ($600,000). (Whitman will also get other financial perquisites and will receive the use of office space and IT and secretarial services for a total of three years http://www.sec.gov/Archives/edgar/data/1065088/000129993308000426/htm_25158.htm.)

Donahoe will receive an annual salary of $900,000, a target annual incentive bonus of 125% of salary ($1,125,000), a long-term equity incentive focal award with a target value of $8,000,000, and a promotion equity award comprising two parts, one with a target value of $15,000,000.

Sellers have been anticipating changes promised by eBay, hoping to hear news of a price decrease while remaining concerned over possible changes to search and feedback systems.

Update: Here's a link to the AuctionBytes blog post that has direct links to the webcast.

About the author:

Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com.

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