eBay stockholders voted in line with the Board of Directors’ recommendations at its annual shareholder meeting on June 8, 2022. There were five issues before them, including the reelection of eBay’s nine Board members; approval of the compensation of eBay Read more
Former eBay executive Bob Swan, who remains on eBay’s board of directors, was ousted from Intel where he had served as CEO since 2018, according to Yahoo Finance. It appears to be the second time Swan came out on the Read more
Activist investor Starboard Value LP is easing off on its pressure against eBay, which issued a press release today containing a joint statement from the two companies. Last month, Starboard Value had nominated four candidates to the eBay board, which Read more
eBay responded to a letter its Board of Directors received this morning from activist investor Starboard Value LP pressuring it to hire an outside candidate for its CEO position and add four new members to its Board of Directors. Starboard Read more
Activist investor Starboard Value LP made public its demands to eBay that it hire an outside candidate for its CEO position and add four new members to its Board of Directors. In a letter today to Thomas Tierney, eBay’s Chairman Read more
eBay issued a statement in response to a letter from activist investor Starboard Value LP to its Chairman Thomas Tierney and interim CEO Scott Schenkel – see this morning’s Newsflash article (“Starboard to eBay: Sell Classifieds, Cut Marketplace Costs“). In Read more
Activist investor Starboard Value LP stepped up pressure on eBay to move faster to separate its eBay Classifieds Group and to cut eBay Marketplaces costs. It also voiced its support for Managed Payments and eBay’s initiative to increase revenue from Read more
eBay’s Chief Information Officer (CIO) is leaving the company, the latest in an exodus of top executives. Dan Morales joined eBay in 2011 and will become CIO of Universal Music Group (UMG), effective April 15, 2019. According to the press Read more
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
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
