By Tess Stynes
EBay Inc. appointed two new independent directors to its board
ahead of the company's previously announced separation with its
PayPal payment-services unit.
The Internet commerce company named Tony Bates, president of
GoPro, and Gail McGovern, president and chief executive of the
American Red Cross, to its board.
With the two new directors, eBay currently has 17 directors, 15
of whom are independent. Following the company's annual meeting May
1, at which current directors William C. Ford and Richard T.
Schlosberg will end their tenure on the board, eBay will have 15
directors, 13 of whom will be independent.
In addition, eBay said Jonathan Christodoro has been elected to
its board as part of the previously announced standstill agreement
with Carl Icahn, the company's largest active shareholder.
EBay added that the company's separation with PayPal remains on
track to occur in the second half of 2015.
Write to Tess Stynes at tess.stynes@wsj.com
Access Investor Kit for eBay, Inc.
Visit
http://www.companyspotlight.com/partner?cp_code=P479&isin=US2786421030
Subscribe to WSJ: http://online.wsj.com?mod=djnwires