Jamie Iannone. Photo by Harry Murphy/Web Summit via Sportsfile, under Creative Commons license

E-commerce company eBay has announced the appointment of a new chief executive officer (CEO) by the name of Jamie Iannone, whose appointment is effective beginning from the 27th of April, 2020. Iannone most recently served as Chief Operating Officer of Walmart eCommerce, the e-commerce arm of retail giant Walmart as the name suggests. Before occupying that position, he served as CEO of SamsClub.com, the e-commerce unit of Walmart-owned retail powerhouse Sam’s Club. Interestingly, Iannone also previously held executive roles at eBay during an eight-year stint at the company. He’s now returning to help run eBay at the very helm.

Iannone is replacing eBay’s interim CEO Scott Schenkel, who took up the position in September of last year after serving as eBay’s Chief Financial Officer (CFO) for four years. Being interim, his position was more of a temporary one that he held while eBay’s board searched for a CEO replacement. The company’s board has apparently settled on Iannone, an experienced e-commerce executive. Once Iannone’s transition is completed, Schenkel has announced that he’s leaving eBay entirely after over a decade at the company.

“The Board believes Jamie is the ideal CEO to lead eBay’s next chapter of growth and success,” Thomas Tierney, Chairman of eBay’s Board, said in a statement. “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. He is a world-class leader, and we are excited to welcome him back to eBay.”

“I am honored to rejoin eBay as its next Chief Executive Officer,” Iannone added. “In my previous experience with the Company, I developed a deep appreciation for what makes eBay so special. eBay’s success has always been rooted in its robust C2C platform. I believe the Company has tremendous opportunities to capitalize 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.”

After Iannone’s appointment takes into effect, he’ll work with interim eBay CEO Scott Schenkel to ensure a well-ordered transition of leadership. Once that’s complete, Schenkel is departing eBay entirely. The CFO position he left vacant while serving as eBay’s interim CEO will continue to be occupied by eBay’s current interim CFO by the name of Andy Cring.