eBay Names Three Executives to Key Leadership Positions
April 13 2015 - 4:15PM
Business Wire
- Home Depot Executive Hal Lawton
Joins as Head of eBay North America
- Agilent Executive Marie Oh Huber
Named eBay General Counsel
- Global Business and Technology
Executive Scott Cutler to Lead StubHub
eBay Inc. (NASDAQ: EBAY) today announced the appointment of
three new executives who will fill key positions on CEO-designee
Devin Wenig’s leadership team as the company prepares for the
separation of eBay and PayPal into independent publicly traded
companies in the second half of 2015. Joining eBay are former Home
Depot executive Harry “Hal” Lawton, who will head eBay North
America; former Agilent Technologies executive Marie Oh Huber, who
will become eBay’s General Counsel; and former NYSE executive Scott
Cutler, who will lead StubHub.
“I am extremely pleased to welcome Hal, Marie and Scott to the
eBay leadership team,” Wenig said. “Hal is a global commerce
expert, Marie is a top public company general counsel, and Scott is
an expert in financial services and technology solutions. As we
prepare to launch the new eBay, they add strong breadth and depth
to my leadership team.”
Following separation, eBay will be a global commerce leader with
approximately $9 billion in annual revenues. One of the world’s top
30 global brands, the company’s flagship Marketplace commerce
platform has 155 million active buyers and 25 million sellers, who
offer more than 800 million listings of diverse inventory at great
value. Approximately 80% of sold items are new. eBay is a leader in
emerging commerce battlegrounds such as mobile and cross-border
commerce. eBay has an installed mobile base of 305 million apps,
generating $28 billion in mobile commerce volume. Cross-border
commerce represents 20% of eBay's gross merchandise volume, and 61%
of eBay Marketplaces revenue is international.
About Harry “Hal” Lawton
Lawton, who will be head of eBay North America, joins from Home
Depot, where he has served as Senior Vice President (SVP) of
Merchandising since 2013. Lawton has held a number of leadership
positions at Home Depot including SVP & President of the online
business, Vice President (VP) of Merchandising Finance and Director
of Corporate Strategy. Prior to that, Lawton was an Associate
Principal at McKinsey & Co.
“eBay has been a leading innovator in the world of commerce for
almost 20 years, and I am excited to be joining the team,” said
Lawton. “The Marketplace connects buyers and sellers globally,
creating economic opportunity and powering entrepreneurs, and I am
thrilled to be a part of leading that community forward.”
About Marie Oh Huber
Huber joins eBay from Agilent Technologies, where she served as
Senior Vice President, General Counsel and Secretary since 2009,
and as Vice President, Assistant General Counsel and Assistant
Secretary from 2000 to 2009. Prior to Agilent, Huber was an M&A
and corporate lawyer at Hewlett-Packard from 1990 to 1999, starting
her career before HP at large law firms in New York and San
Francisco. She serves on the boards of the James Campbell Company
LLC and the Silicon Valley Community Foundation.
Huber will lead eBay’s global legal function, replacing Michael
Jacobsen, SVP, General Counsel and Secretary of eBay Inc. who plans
to leave the company following the separation of the business in
the second half of 2015.
“I am excited to join eBay and work alongside a talented team of
leaders, dedicated to increasing global trade and connecting people
through commerce,” said Huber. “eBay’s focus on enabling
entrepreneurs and businesses, as well as its emphasis on a diverse
culture, are especially important in today’s workplace, and I
appreciate the value the company places on them.”
About Scott Cutler
Cutler, who will be President of eBay’s StubHub business, a
global fan-to-fan ticket marketplace, most recently was Executive
Vice President, Head of Global Listings, for the New York Stock
Exchange. Prior to NYSE, Cutler held a number of leadership
positions at investment firms, where his specialty was technology.
Cutler is a seasoned global business executive with expertise in
technology-enabled platform businesses.
"I am thrilled to join the StubHub team and lead this innovative
business forward," Cutler said. "StubHub redefined the fan-to-fan
ticket marketplace, and the opportunities ahead can be even more
transformative and meaningful."
About eBay Inc.
eBay Inc. (NASDAQ: EBAY) is a global commerce and payments
leader, providing a robust platform where merchants of all sizes
can compete and win. Founded in 1995 in San Jose, Calif., eBay Inc.
connects millions of buyers and sellers and enabled $205 billion*
of commerce volume in 2013. We do so through eBay, one of the
world's largest online marketplaces, which allows users to buy and
sell in nearly every country on earth; through PayPal, which
enables individuals and businesses to securely, easily and quickly
send and receive digital payments; and through eBay Enterprise,
which enables omnichannel commerce, multichannel retailing and
digital marketing for global enterprises in the U.S. and
internationally. We also reach millions through specialized
marketplaces such as StubHub, the world's largest ticket
marketplace, and eBay classifieds sites, which together have a
presence in more than 1,000 cities around the world. For more
information about the company and its global portfolio of online
brands, visit www.ebayinc.com.
In September 2014, eBay Inc. announced a plan to separate the
company’s commerce and payments businesses into two independent
publicly traded companies, eBay and PayPal. The transaction, which
is expected to be completed in the second half of 2015, will create
two independent industry leaders in commerce and payments
* This adjusted number reflects decision to remove vehicles and
real estate GMV from ongoing total GMV and ECV metrics (previously
stated ECV for 2013 was $212 billion, incorporating vehicles and
real estate GMV).
eBay Inc.Johnna Hoff, 408-250-8644jhoff@ebay.com
eBay (NASDAQ:EBAY)
Historical Stock Chart
From Mar 2024 to Apr 2024
eBay (NASDAQ:EBAY)
Historical Stock Chart
From Apr 2023 to Apr 2024