EBay Names Walmart Executive Jamie Iannone as CEO
EBay has finally announced its new CEO, six months after Devin Wenig stepped down from the role. The new chief executive is Ex-Walmart e-Commerce Chief Operating Officer Jamie Iannone, who will take over the top job on April 27.
Iannone was appointed as the COO of Walmart’s e-Commerce division only a few months ago. Previously, he held a number of high profile executive positions under the Walmart umbrella, including the CEO of SamsClub.com. He also worked as EVP of Digital Products at Barnes & Noble for four years, and prior to that spent eight years in leadership roles at eBay from 2001 to 2009.
"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,” Iannone said in a statement today.
The full eBay Board unanimously supported Iannone's selection as CEO.
Scott Schenkel, who has been serving as interim CEO, will continue in the role until Iannone joins the Company at the end of this month, and will thereafter work with Iannone to ensure a smooth transition of leadership. Andy Cring will continue to serve as interim CFO.