UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 29, 2015

eBay Inc.
(Exact name of registrant as specified in its charter)

Delaware
000-24821
77-0430924
(State or other jurisdiction
(Commission File Number)
(I.R.S. Employer
of incorporation)
 
Identification No.)

2065 Hamilton Avenue
San Jose, CA 95125
(Address of principal executive offices)

(408) 376-7400
(Registrant’s telephone number, including area code)

Not Applicable.
(Former name or former address, if changed since last report.)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))










Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 29, 2015, eBay Inc. (the “Company”) announced that Mr. Paul Pressler had been appointed as: (i) a new member of the Company’s Board of Directors, (ii) a new member of the Company’s Corporate Governance & Nominating Committee, and (iii) a new member of the Company’s Audit Committee, with such appointments to be effective immediately.

Mr. Pressler fills a vacancy created by an increase in the size of the Company’s Board of Directors from 10 to 11, and his term of office will expire at the Company’s 2016 annual meeting of stockholders or until his successor has been elected and qualified.

As a non-employee director, Mr. Pressler is entitled to receive the compensation arrangements described in the Company’s 2015 Proxy Statement under “Compensation of Directors”, as filed with the Securities and Exchange Commission on March 23, 2015. In addition, the Company will enter into its form of Indemnity Agreement with Mr. Pressler, a copy of which has been filed as Exhibit 10.01 to the Company’s Registration Statement on Form S-1 as filed with the Securities and Exchange Commission on July 15, 1998.

There is no arrangement or understanding between Mr. Pressler and any other persons pursuant to which Mr. Pressler was appointed as a director. Furthermore, there are no transactions between Mr. Pressler and the Company that would be required to be reported under Item 404(a) of Regulation S-K.

A copy of the Company’s press release announcing Mr. Pressler's appointment is attached as Exhibit 99.1 to this Current Report on Form 8-K, and is incorporated herein by reference.


Item 9.01. Financial Statements and Exhibits
Exhibit Number
Description
99.1
Press release dated September 29, 2015








SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

eBay Inc.
(Registrant)



Date: September 29, 2015
/s/ Marie O. Huber
Name: Marie O. Huber
Title: Senior Vice President, Legal Affairs,
General Counsel and Secretary

 








INDEX TO EXHIBITS

Exhibit Number
Description
99.1
Press release dated September 29, 2015








EXHIBIT 99.1




Paul Pressler Appointed to eBay’s Board of Directors

SAN JOSE, Calif. eBay today announced the appointment of Paul Pressler to its board of directors. As a director on eBay’s Board, Mr. Pressler will serve on the Audit Committee as well as the Corporate Governance and Nominating Committee.

“I am very pleased to welcome Paul to eBay’s Board of Directors,” said Devin Wenig, President and CEO of eBay. “As an independent director, Paul brings valuable experience managing major retail and consumer brands as well as significant leadership and financial expertise to eBay’s Board.”

“It is a particularly exciting time to be joining eBay as the company embarks on its next chapter,” said Mr. Pressler. “eBay is an e-commerce pioneer and a leading global commerce player, and I look forward to working with eBay’s leadership team and my fellow directors as the company sets its sights on the future.”

Mr. Pressler is a partner at the private equity firm Clayton, Dubilier & Rice, LLC. He currently serves as Chairman of David’s Bridal, Inc. and SiteOne Landscape Supply, Inc. and serves on the board of The DryBar, Inc. Previously, Mr. Pressler served as the President and CEO of Gap Inc. He spent 15 years in senior leadership roles at The Walt Disney Company, including Chairman of the global theme park and resorts division, President of Disneyland and President of The Disney Stores. Mr. Pressler served as Chairman of AssuraMed and is a former director of Avon Products Inc., Oveture Acquisition Corporate and OpenTable, Inc. He earned a B.S. in Business Economics from the State University of New York at Oneonta.

About eBay
eBay (NASDAQ: EBAY) is the world’s most vibrant marketplace for discovering great value and unique selection. eBay connects millions of buyers and sellers around the globe, empowering people and creating opportunity through Connected Commerce. Our vision for commerce is one that is enabled by people, powered by technology and open to everyone. We focus on empowering our sellers, not competing with them, and we create stronger connections between buyers and sellers with product experiences that are fast, mobile and secure. As we celebrate our 20th anniversary, we're just as passionate today about connecting buyers and sellers as when we founded the company in 1995. For more information, visit ebayinc.com.







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