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Ebay names Jamie Iannone chief executive officer

15 Apr '20
3 min read
Jamie Iannone; Pic:PRNewsfoto/eBay
Jamie Iannone; Pic:PRNewsfoto/eBay

Ebay, an e-commerce leader, announced that company's board of directors appointed Jamie Iannone as chief executive officer, effective April 27, 2020. Iannone has also been elected to company's board of directors. Most recently Iannone was CEO of Walmart eCommerce. Iannone has over 20 years of experience leading digital pure-play and omnichannel platforms.
 
Before being promoted to COO of Walmart eCommerce, Iannone served as CEO of SamsClub.com, the eCommerce unit for the $57 billion Sam's Club. In this role, Iannone was responsible for the unit's digital transformation, including developing and executing initiatives in membership, marketing, technology, product and operations. Iannone previously worked at Ebay as a vice president and other leadership roles from 2001 to 2009.
 
"The board believes Jamie is the ideal CEO to lead Ebay's next chapter of growth and success," Thomas Tierney, chairman of Ebay Inc board, said in a press release. "We have all been impressed by his strong track record of innovation, execution, operational excellence, and developing teams that drive results. Iannone has consistently delivered high growth during rapid periods of industry disruption, consumer change and technological advancement. He is a world-class leader, and we are excited to welcome him back to Ebay."
 
"I am honored to rejoin Ebay as its next chief executive officer," Iannone said. "In my previous experience with the company, I developed a deep appreciation for what makes Ebay so special. Ebay’s success has always been rooted in its robust C2C platform. I believe the company has tremendous opportunities to capitalise on this foundation, innovate for the future and grow its ecosystem. I look forward to working with our global teams to enhance buyer experiences and provide more capabilities that will help small businesses sustain and grow."
 
"We are deeply appreciative to Scott Schenkel for his leadership, 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 Covid19 pandemic, with Scott as interim CEO, Ebay has re-prioritised 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,” Tierney said.
 
Schenkel will continue as interim CEO until Iannone joins the company on April 27, 2020 and will thereafter work with Iannone to ensure a smooth transition of leadership. Andy Cring will continue to serve as interim CFO.

Fibre2Fashion News Desk (JL)

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