Walmart e-commerce COO becomes eBay CEO

Jamie Iannone has been appointed as eBay's chief executive, effective 27 April.

Most recently he was the chief operating officer of Walmart eCommerce, and has over 20 years of experience leading digital pure-play and omnichannel platforms.

Before being promoted to COO of Walmart eCommerce, he served as chief executive of Sam’s Club online, responsible for digital transformation. Iannone previously worked at eBay as a vice president and in other leadership roles from 2001 to 2009.

Thomas Tierney, chairman of eBay's board, commented: “We have all been impressed by his strong track record of innovation, execution, operational excellence, and developing teams that drive results.

"Jamie has consistently delivered high growth during rapid periods of industry disruption, consumer change and technological advancement."

Iannone stated that eBay’s success has always been rooted in its customer-to-customer platform. "I believe the company has tremendous opportunities to capitalise on this foundation, innovate for the future and grow its ecosystem - I look forward to working with our global teams to enhance buyer experiences and provide more capabilities that will help small businesses sustain and grow."

Interim chief executive Scott Schenkel - in the position for the last six months - will continue until the end of the month and will work with Iannone to ensure a smooth transition of leadership. Andy Cring will continue to serve as interim chief financial officer.

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