eBay Inc. has announced the appointment of Jamie Iannone as Chief Executive Officer, effective April 27, 2020.  He has also been elected to the Company's Board of Directors. Most recently Iannone was Chief Operating Officer of Walmart eCommerce.

Iannone has over 20 years of experience leading digital pure-play and omnichannel platforms for some of the world's premier consumer-facing companies. Before being promoted to COO of Walmart eCommerce, he served as CEO of SamsClub.com, the eCommerce unit for the $57 billion Sam's Club. In this role, he 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," said Thomas Tierney, Chairman of eBay Inc.'s Board. "We have all been impressed by his strong track record of innovation, execution, operational excellence, and developing teams that drive results. Jamie 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," said Iannone. "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 capitalize 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. I will focus on continuing to evolve the Company's strategy while delivering on eBay's commitment to maximizing long-term shareholder value."

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.

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