Jamie Iannone
President and CEO at EeBay Inc
Since April 27, 2020
Age
51 years
Education
Holds a Bachelor of Science in Operations Research, Engineering, and Management Systems from Princeton University and an MBA from the Stanford Graduate School of Business.
Tenure
Joined eBay as President and CEO in April 2020, after holding several leadership roles at eBay earlier and gaining extensive experience at companies like Barnes & Noble and Walmart.
Also at eBay Inc
CB
Cornelius Boone
Chief People Officer
EG
Eddie Garcia
Chief Product Officer
JL
Julie Loeger
Chief Growth Officer
About
Jamie Iannone is recognized for his strategic leadership and extensive experience in both technology and retail sectors. His career spans several renowned organizations and includes significant roles that have shaped the digital commerce landscape.
He began his journey at eBay where he held various leadership positions, later expanding his portfolio by contributing as Executive Vice President of Digital Products at Barnes & Noble and taking on key roles at Walmart, such as CEO of SamsClub.com and COO of Walmart eCommerce. These roles underscored his ability to drive growth and innovation in competitive markets.
In April 2020, he returned to eBay to assume the role of President and CEO, where he has steered the company with a clear focus on strategic execution and operational excellence. Beyond his executive responsibilities, his career reflects a commitment to leveraging technology and insight to deliver outstanding business results.
$EBAY Performance Under Jamie Iannone
Past Roles
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Walmart Inc. | Chief Operating Officer of Walmart eCommerce; CEO of SamsClub.com; EVP of membership and technology at Sam's Club | 2014-2020 | Responsible for Walmart eCommerce and growth initiatives including Store No. 8 incubation hub |
| Barnes & Noble, Inc. | Executive Vice President of Digital Products | N/A | Oversaw NOOK devices, software, accessories, retail integration, digital content and third-party partnerships |
| eBay | Various roles (Product Marketing, Search, Buyer Experience) | 2001-2009 | Held key roles during his earlier tenure before becoming President and CEO in April 2020 |
| Epinions.com | Unspecified role | N/A | Details not provided |
| Booz Allen Hamilton | Unspecified role | N/A | Details not provided |
External Roles
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Fixed Compensation
Data from FY 2023
| Component Name | Amount | Payment Schedule | Additional Details |
|---|---|---|---|
| Base Salary | $1,000,000 | Annually | Fixed annual salary for his role as CEO |
| 401(k) Matching Contribution | $13,200 | Annually | Maximum matching contribution applicable to all eligible employees |
| Personal Security Benefits | $171,824 | As incurred | Includes Personal Airplane Use of $148,737 and Security & IT Support of $23,087 |
Performance Compensation
Data from FY 2023
Annual Cash Incentive (eIP)
| Metric | Details | Value/Result |
|---|---|---|
| Weight | Company Performance Component / Individual Performance Component | 75% / 25% |
| Performance Metrics | FX-neutral revenue (threshold), non-GAAP net income (primary), and CSAT kicker (up to 10%) | See details below |
| Threshold | Minimum FX-neutral revenue and non-GAAP net income required for any payout | Minimum thresholds |
| Target Payout | Set as a multiple of base salary | $2,000,000 (200% of base salary) |
| Actual Payout | Awarded based on performance performance | $3,330,000 (167% of target) |
| Modifiers | Company performance up to 174% and individual component uplift by 20% | 174% & +20% |
| Vesting Schedule | N/A (cash-based incentive, no vesting) | N/A |
| Evaluation Period | Fiscal year 2023 | 2023 |
Performance-Based Restricted Stock Units (PBRSUs)
| Metric | Details | Value/Result |
|---|---|---|
| Grant Date | Date of grant | April 1, 2023 |
| Grant Date Fair Value | Fair value at grant date | $2,854,791 |
| Grant Date Stock Price | Stock price used for calculation | $44.37 per share |
| Performance Metrics | FX-neutral revenue and non-GAAP operating margin thresholds; modifiers include ROIC & TSR | See details; thresholds yield 36% payout, max up to 265% |
| Threshold / Target / Maximum | Payout based on performance levels | 36% of target minimum, 265% max |
| Vesting Schedule | Contingent on performance over a three-year period (2023-2025) | 2023-2025 |
| Additional Details | Represent 40% of total equity awards for 2023 | See overall equity structure |
Performance-Based Stock Options (PBSOs)
| Metric | Details | Value/Result |
|---|---|---|
| Grant Date | Date of grant | April 1, 2023 |
| Grant Date Fair Value | Fair value at grant date | $4,141,196 |
| Grant Date Stock Price | Stock price used for calculation | $44.37 per share |
| Performance Metrics | Revenue growth in Payments and Advertising | See unlock structure |
| Unlock Structure | Options unlocked in stages based on performance: Unlock #1=25%, #2=50%, #3=75%, #4=100% | For 2023, 50% unlocked |
| Vesting Schedule | Combination of performance-based and time-based vesting; thereafter one-third annually | Vest in March 2024, 2025, & 2026 |
| Evaluation Period | Three-year performance period (2023-2025) | 2023-2025 |
| Additional Details | Designed to drive long-term revenue growth in Payments and Advertising | Detailed performance goals |