Mr. Iannone most recently served as Chief Operating Officer of Walmart eCommerce. WebHe will also be dearly missed by his parents Dr. Michael and Suzanne Iannone of Burlington, NJ and brother Jamie and wife Elsbeth and their two children of California, eBay CEO Jamie Iannone wants to use next-gen technology to sell used or new-but-out-of-season items, as well as vintage and collectibles, he told Yahoo Finances 3 EV Stocks to Own for the Next 10 Years, Recent Layoffs Dont Change the Story for GOOG Stock. Jamie Iannone, President and Chief Executive Officer. Gross merchandise volume in eBay's Marketplace business grew 29 percent eBay's highest quarterly growth rate in 15 years, CEO Jamie Iannone said on a call with investors Tuesday. Prior to joining American Airlines, Cornelius held various HR positions at Walmart where he was most recently the vice president of Field Hourly Talent Management, which supported more than one million U.S. sales associates. Powered and implemented by Interactive Data Managed Solutions. Jamie Iannone, President and Chief Executive Officer. WebJamie Iannoneis an American businessman, and the president and chief executive officer (CEO) of eBay, since April 27, 2020. So simple to navigate. I am a self-proclaimed sneakerhead. As a child, I used to save my allowances from doing chores to buy sneakers. VIDEO 10:21. All rights reserved. The WSJ reports: A Barnes & Noble Inc. executive who once oversaw the companys Nook devices and e-books business has joined Wal-Mart Stores As we reported this morning, Jamie Iannone is currently Chief Operating Officer of Walmart eCommerce. Jamie Iannone is the newest eBay CEO and the following are a few things to know about him and his new role. Iannone is also joining the Board of Directors at the e-commerce company. Prior to serving at eBay, he was the COO of Walmart (NYSE: WMT) eCommerce. Before this, he was the CEO of SamsClub.com, which is the e-commerce arm of Sams Club. Like Wenig before him, Iannone will make a base salary of $1,000,000, but thats just a percentage of what he will receive thanks to incentive and equity awards; (Wenigs salary in 2018 was just 6% of his total compensation for the year, $18.17 million). Trend Analysis. These simple but not easy to find items bring so much joy to our household! Now, as an adult, buying my favorite shoes from my childhood is always a nostalgic moment for me. Jamie Iannone will be joining the company on April 27, 2020. My favorite eBay experience has been searching for hard-to-find Lego figures for my kids. Jamie Iannone occupies the position of President, Chief Executive Officer & Director at eBay, Inc. Jamie Iannone will be joining the company on April 27, 2020. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. On eBay, I sold a Hammond B-3 organ that Ive owned since I was a teenager to a church. He revealed as much in a series of Tweets following his departure. Scroll Down and find everything about the Jamie Wed, Dec 15 2021 4:57 PM EST. This report is not for commercial use. Meet New EBay CEO Jamie Iannone: 11 Things to Know, 5 Hypergrowth Stocks With 10X Potential in 2023, over a disagreement with its Board of Directors, A Breakthrough Stage Analysis System Will Rake in Major Gains. EBAY INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Of this total $1,000,000 was eBay says 72% of its consumer-to-consumer sellers turned to the marketplace as an extra income stream. Iannone, 48, professes little concern, arguing that a sales surge from shoppers afraid to visit stores during the Covid-19 outbreak could provide the kind of Download Microsoft .NET 3.5 SP1 Framework. When I went to visit some sellers on the outskirts of Shanghai, I realized that the sellers were newlyweds and their three-story home was also their office. The news came Monday after the eBay Board of Directors named Walmart executive Jamie Iannone its new CEO. Iannone will officially start on April 27th, and Schenkel will take on the role of Senior Advisor through June 19, 2020, subject to earlier termination or extension through September 30, 2020. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. They live in a small town in Germany away from major urban centers and are providing employment to many who might not otherwise have had a chance to work outside the home., Follow Marie: Get this delivered to your inbox, and more info about our products and services. LinkedIn, Download: Louis Navellier and the InvestorPlace Research Staff. You can read more and leave a comment on the EcommerceBytes Blog. All proxy statements are public filings made available to the general public by the SEC. Follow her on Twitter at @ecommercebytes and send news tips to. Web2020. Cornelius began his career in employment law at Littler Mendelson, the largest labor and employment law firm in the U.S., where he gained a wide range of experiences in employment relations and regulations. On A Mission to Cultivate Pride All Year Long, eBay Inc. Reports Korea Businesses as Discontinued Operations and Releases Updated Historical Financials. Before this, he was the CEO of SamsClub.com, which is the e-commerce arm of Sams Club. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. 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Presents at Goldman Sachs Communacopia + Technology Conference 2022, Sep-12-2022 10:00 AM, Transcript : EBay Inc., Q2 2022 Earnings Call, Aug 03, 2022, EBay's luxury focus drives earnings beat as consumer spending slows, Transcript : EBay Inc., Q1 2022 Earnings Call, May 04, 2022, President, Chief Executive Officer & Director. The classic view was so simple. Got a confidential news tip? You can find the details of eBays offer letter to Iannone describing his compensation on the companys filing with the SEC including new-hire equity awards of $4.5 million, $7.2 million, $4.8 million, and $6.5 million, each with varying payouts and stipulations. For the previous ten years she also held positions of increasing responsibility at Agilent and prior to that at HP. 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While not the biggest gift for their birthdays, they were always the best and most appreciated. Also, when Roger Federer moved his brand from Nike to Uniqlo, it was impossible to find his signature logo hat, but of course, I was able to get one for my husband on eBay. She also serves onthe Board of the Silicon Valley Community Foundation, the University Council at Yale and the Northwestern Law Board. Jamie Iannone, Ebay CEO, joins 'Squawk on the Street' to discuss Ebay's Q3 earnings report. Cornelius Favorite eBay Experience: I am a self-proclaimed sneakerhead. As a child, I used to save my allowances from doing chores to buy sneakers. Marie is a strong champion for giving back to the community, paying it forward, and diversity, equity and inclusion. The free fall in housing market activity just concluded, says Capital Economics. This brought home to me in a real way what we do at eBay every day. Coronavirus Tips Working and Protection. BY We are pleased to launch our new product Money Maker Software for world's best charting softwares like AmiBroker, MetaStock, Ninja Trader & MetaTrader 4. He also enjoys spending time with his friends, family and French bulldog, Rocky. I regularly hear his compliments and complaints on both buying and selling experiences. Its also worth mentioning that Iannone taking over as the next eBay CEO has the full support of the companys Board of Directors. They have also lived in Buckeye, AZ and Tulsa, OK. Jamie is related to James D Zgorzelski and Michael Zgorzelski as well as 2 additional people. SVP, Chief Legal Officer, General Counsel & Secretary. The walls are closing in on corporate employees as CEOs at Disney and Starbucks demand that workers start returning to Up from here? These categories were focusing on are huge, said Iannone, who was an executive at Barnes & Noble and Walmart (WMT) before returning to eBay, where he worked for most of the 2000s. The information shown here is a reporting of information included in the company's proxy statement. The day it was delivered, the pastor sent me a video of his organist playing it, and I joked with him that it never sounded that good when I played it! This software has many innovative features and you can trap a Bull or Bear in REAL TIME! On eBay, I sold a Hammond B-3 organ that Ive owned since I was a teenager to a church. I am a self-proclaimed sneakerhead. As a child, I used to save my allowances from doing chores to buy sneakers. He also provides oversight of eBays Diversity, Equity and Inclusion (DEI) initiatives. One theme that holds true in our household is eBay as the place to go to find the items you want at the right price. A Division of NBCUniversal. in Political Science and Government and his J.D. With young children at home, eBay is always my go-to for toys and games, and the oh so hard-to-find replacement parts that inevitably go missing! It was so gratifying to see their excitement and joy for these toys that could only be found on eBay. Nasdaq They grew their company to 40 employees, selling 1 million balls of beautiful yarn every year. The best result we found for your search is Jamie Lee Iannone age 50s in Jeffersonville, IN. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 8, Walmarts incubation hub, which will give eBay insight into the innovations under development at its rival marketplace. Most of us, would have to work 40-50 years to even begin to earn a million much less whatever that one bonus that he gets after three pay periods which was HUGE. The only daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York. Some old habits die hard I have continued to add to my collection by finding unique and collectible sneakers on eBay. Jamie Iannone became eBays chief executive officer on April 27, 2020, less than two months after the COVID-19 pandemic had shut down the world. Iannone earned a bachelor's degree in engineering from Princeton University, and an MBA from Stanford Graduate School of Business. Iannone worked for Epinions and Booz Allen Hamilton, before joining eBay, where he worked for eight years, rising to a vice president role. He was then executive vice president of digital products at Barnes & Noble. James J. Iannone serves as President, Chief Executive Officer, Director of the Company. Despite getting the same salary, Iannone will be heading a smaller company eBay recently sold its StubHub division for $4 billion, and its likely to sell its Classifieds division as well. eBays executive leaders are innovators in technology, culture and business, shaping the companys vision and driving the future of inclusive ecommerce forward. How can I get the job of CEO and get that kind of moola for essentially doing nothing? watch now. Iannone was chosen as the next eBay CEO after consulting with leadership advisory firm Spencer Stuart. Image Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Cornelius earned his B.A. WebCornelius is an avid Dallas Cowboys fan and, when possible, loves to travel with his wife, Tea. FORTUNE may receive compensation for some links to products and services on this website. EBay Inc. named Jamie Iannone its new chief executive Monday, in a move that will provide the e-commerce pioneer an industry veteran as it tries to reignite growth during a tumultuous period. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Dont Rush to Buy MSFT Stock on AI Bot Buzz. As President and Chief Executive Officer ("CEO") at EBAY INC, Jamie Iannone made $21,685,102 in total compensation. Bio. It was perfect for them, and it was great to see it go to be part of their story. I love the story of the husband-wife team of Hans and Andrea that I was privileged to meet who started selling yarn on eBay after their clothing operation went out of business. Sign up for free newsletters and get more CNBC delivered to your inbox. It was perfect for us and our house, but as our family got bigger, it could not come with us. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. She has an extensive track record as a business leader and in advising boards of directors and executive leadership on business and operational matters, M&A, corporate governance, legal and compliance, IP, litigation, privacy and cybersecurity matters. You may also find the annual proxy statement by going directly to the company's website. Both internal and external candidates were considered for the position. from the University of Arkansas. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Now, as an adult, buying my favorite shoes from my childhood is always a nostalgic moment for me. Cornelius Boone is responsible for all aspects of human resources across eBay. 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I love the story of the husband-wife team of Hans and Andrea that I was privileged to meet who started selling yarn on eBay after their clothing operation went out of business. They are also buyers, sellers and ambassadors on eBays online marketplace, dedicated to empowering our communities of small businesses and unearthing one-of-a-kind finds. My favorite eBay experience as a seller was when my wife and I sold our prized home sofa, which was the first one wed ever bought. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. This will have him replacing interim CEO Scott Schenkel. (Despite the infusion of cash, eBay has not waived fees for US sellers who are coping with the coronavirus crisis, though it will defer some fees for certain sellers who request it.). 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