Logan D. Green
EBAYAbout Logan D. Green
Logan D. Green (age 41) is an independent director of eBay Inc., serving since 2016; he is a Venture Partner at Autotech Ventures (since July 2024) and Chair of the Board of Lyft, Inc. (since April 2023), where he previously served as CEO (2012–April 2023) . He co-founded Zimride in 2007 and holds a B.A. in Business Economics from the University of California, Santa Barbara . eBay’s Board is majority independent (10 of 11), with a separate, independent Chair structure; Green is classified as “IND” in the director slate .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Lyft, Inc. | Chair of the Board | Apr 2023–present | Leadership of public-market rideshare platform; governance oversight |
| Lyft, Inc. | Co-founder; Chief Executive Officer | 2012–Apr 2023 | Built marketplace scale and product strategy |
| Zimride | Co-founder | 2007 | Early rideshare; later acquired by Enterprise Rent-A-Car |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Autotech Ventures | Venture Partner | Jul 2024–present | Transportation-focused venture capital |
| Lyft, Inc. | Director (public company) | Since 2019 | Current Chair; single additional public board |
Board Governance
- Committee membership: Compensation & Human Capital Committee (CHCC) member; CHCC met 6 times in 2024 and is fully independent under Nasdaq and Exchange Act rules .
- Board structure and independence: eBay maintains separate Chair/CEO roles; independent Chair (Paul S. Pressler); 10 of 11 nominees independent .
- Attendance/engagement: In 2024 the Board held five meetings; each then-serving director attended at least 75% of the aggregate number of Board and committee meetings on which they served .
- Executive sessions: Independent directors hold regularly scheduled executive sessions at Board and committee levels without management present .
- Key CHCC responsibilities relevant to Green’s role: CEO/NEO pay oversight, board compensation review, clawback administration, risk assessment of pay, human capital strategy oversight, and advisor independence assessments .
Fixed Compensation
| Component | 2024 Amount/Structure | Notes |
|---|---|---|
| Annual Board cash retainer | $80,000 | Standard for independent directors |
| CHCC member retainer | $15,000 | Committee member fee |
| Total fees earned (reported) | $95,096 | As disclosed in the 2024 Director Compensation Table |
| Chair/member meeting fees | None | eBay does not pay meeting fees beyond retainers |
- Shares taken in lieu of cash: Green elected to receive shares for $71,346 of fees, resulting in 1,298 shares .
- Pay benchmarking and consultant: Director pay benchmarked around the 50th percentile; Pay Governance LLC serves as independent consultant to CHCC on director pay .
Performance Compensation
| Equity Grant | Grant Date | Grant Value | Units | Vesting | Performance Metrics |
|---|---|---|---|---|---|
| Annual RSU (director) | Jun 20, 2024 (2024 AGM grant) | $250,000 | 4,644 RSUs | Fully vest upon earlier of first anniversary or first AGM after grant | None; director RSUs are time-based only |
- Equity mix: Directors receive time-based RSUs; eBay did not grant stock options to directors in 2024; RSUs vest on time, not performance .
- Equity award limit: Non-employee director annual equity awards capped at $600,000 (value at grant-date fair value), excluding equity in lieu of cash .
- Deferred stock units: eBay historically used DSUs prior to 2017; current director compensation uses RSUs in lieu of DSUs .
Other Directorships & Interlocks
| Company | Relationship to eBay | Potential Interlock/Conflict Note |
|---|---|---|
| Lyft, Inc. (public) | No direct supplier/customer disclosed | eBay’s Audit Committee reviews related person transactions; none reported since Jan 1, 2024 |
| Autotech Ventures (VC) | Investment/industry role | eBay’s Code and policies require disclosure/recusal from conflicts; Audit Committee reviews RPTs; none reported |
- Overboarding policy signal: “All nominees serve on two or fewer other public company boards except one who serves on three;” Green serves on one other public board (Lyft) .
Expertise & Qualifications
- Technology, E-Commerce/Retail, Strategy, Transactions/M&A, Product/Marketing/Media, Management, Leadership, Entrepreneurship .
- Director skills matrix lists Green under Technology, E-Commerce/Retail, Strategy, Investment/Finance, Leadership, Entrepreneurship, Transactions/M&A, Product/Marketing/Media, Management (tenure category “6+ years”) .
Equity Ownership
| Holder | Shares Beneficially Owned | % Outstanding | RSUs Held (12/31/2024) | DSUs Held (12/31/2024) |
|---|---|---|---|---|
| Logan D. Green | 44,241 | <1% | 4,644 | 0 |
- Stock ownership guidelines: Directors must hold eBay stock valued at 5× the annual Board retainer; directors must retain 25% of shares net-of-tax until guidelines met; all directors in compliance as of Dec 31, 2024 .
- Hedging/pledging: Prohibited for directors and executive officers under Insider Trading Policy .
Governance Assessment
- Board effectiveness: Green adds marketplace and technology operator experience from Lyft, aligning with eBay’s strategy focus and CHCC human capital/remuneration oversight. His CHCC role places him at the center of CEO/NEO pay alignment, clawbacks, and workforce strategy—key for investor confidence in pay-for-performance design .
- Independence & alignment: Independent director, compliant with stock ownership guidelines, and chooses equity in lieu of cash—positive alignment signals .
- Attendance & engagement: Board met five times in 2024, and all directors met at least 75% attendance; CHCC met six times—adequate cadence for compensation oversight .
- Conflicts/RPT monitoring: Robust Code, Audit Committee oversight, and explicit related party transaction review; no related person transactions reportable since Jan 1, 2024—low conflict risk .
- Pay governance context: Director compensation benchmarked around the 50th percentile with independent consultant (Pay Governance); strong governance practices include clawbacks beyond SEC requirements, anti-hedging/pledging, proxy access, majority vote standard with resignation policy .
- Shareholder signals: 2024 say‑on‑pay approval ~86% indicates investor support for pay practices; while executive-focused, it informs broader compensation governance sentiment .
Director Compensation (Detail)
| Metric | 2024 |
|---|---|
| Fees earned or paid in cash (reported) | $95,096 |
| Stock awards (grant-date fair value) | $250,000 |
| Total | $345,096 |
| Shares received in lieu of cash | 1,298 (for $71,346 fees forgone) |
| RSU units granted (2024 AGM) | 4,644 |
CHCC Committee Analysis (Context)
| Aspect | Details |
|---|---|
| Membership | Chair: Adriane M. Brown; Members: Logan D. Green, William D. Nash (joined Nov 2024); all independent |
| Meetings | 6 in 2024 |
| Responsibilities | CEO/NEO pay approval, board pay review, clawbacks, human capital oversight, compensation risk review, advisor independence assessments |
| Consultant | Pay Governance for director compensation benchmarking; program set near 50th percentile |
Say‑on‑Pay & Shareholder Feedback (Executive Program Signal)
| Year | Approval |
|---|---|
| 2024 | ~86% “FOR” on say‑on‑pay |
RED FLAGS and Watch Items
- Time commitments: Chair of Lyft, Venture Partner at Autotech Ventures—monitor for overboarding/availability risk; current board policy shows most nominees serve on ≤2 public boards and Green is on one other public board .
- Potential ecosystem overlap: Autotech invests in transportation; eBay Motors is a category—no related person transactions disclosed, and strong RPT review process mitigates risk .
- Equity structure: Director equity is time-based RSUs, not performance-conditioned; alignment is via ownership requirements and retention, but no explicit director-level performance metrics .