Ecommerce Industry News
On September 7, 2021, Jae Hyun Lee, Senior Vice President, International of eBay Inc. agreed to step down from his role effective immediately. Lee will continue in a supporting function to aid transition until September […]
Andy Cring has been interim Chief Financial Officer (CFO) at eBay since a reshuffling in September 2019 following Devin Wenig’s abrupt departure as CEO. Twenty months later, eBay finally named a permanent CFO. Steve Priest […]
Figures released on Monday reveal that the sudden departure of eBay CEO Devin Wenig in September 2019 proved costly for the company beyond his $57 million exit package that year. In 2020, eBay had two […]
eBay Interim CEO Scott Schenkel will leave the company in June. The news came Monday after the eBay Board of Directors named Walmart executive Jamie Iannone its new CEO. Iannone will officially start on April […]
The abrupt departure of eBay CEO Devin Wenig last month apparently left its board of directors scrambling. They named an interim successor but without negotiating a compensation package. Over 2 weeks after naming Scott Schenkel […]
Much of the compensation executives receive come in the form of stock options, and it’s routine for them to cash out periodically. But since all eyes are on eBay due to activist investor Elliott Management […]
eBay CEO Devin Wenig saw a 10% hike in compensation in 2017 to $17.59 million. The year before, he saw a 9.87% increase from $14.5 million in 2015 to $15.9 million in 2016. For the […]