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Home Depot Executive Hal Lawton Joins as Head of eBay North
America
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Agilent Executive Marie Oh Huber Named eBay General Counsel
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Global Business and Technology Executive Scott Cutler to Lead
StubHub
SAN JOSE, Calif.--(BUSINESS WIRE)--
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, 408-250-8644
jhoff@ebay.com
Source: eBay Inc.
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