Deals

EBay Names Walmart E-Commerce Executive Jamie Iannone as CEO

Activists Elliott, Starboard have been pushing for changes
Online marketplace is selling units, adding new directors

Jamie Iannone in 2010.Photographer: JB Reed/Bloomberg

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By Molly Schuetz, Scott Deveau, and Matthew Boyle

April 13, 2020 at 1:20 PM UTC

Updated on

April 13, 2020 at 9:10 PM UTC

This article is for subscribers only.

EBay Inc. named Walmart Inc. e-commerce executive Jamie Iannone as chief executive officer, bringing in a manager with outside digital experience as the online marketplace seeks to placate the demands of activist investors.

Iannone, most recently operating chief of Walmart eCommerce in the U.S., will take up the CEO position at EBay on April 27, the company said in a statement Monday. Iannone previously ran the e-commerce unit of Walmart unit Sam’s Club, and worked at EBay as a vice president and in other roles from 2001 to 2009.