eBay Names Steve Priest Chief Monetary Officer

eBay Inc. (NASDAQ: EBAY) as we speak introduced it has named Steve Priest Chief Monetary Officer. On this function, Steve will oversee all international elements of eBay’s monetary operations together with controllership, monetary planning and evaluation, tax, treasury, audit, mergers and acquisitions, and investor relations. Steve will report on to Jamie Iannone, eBay’s Chief Government Officer, and can be part of the corporate on June 21, 2021.

Most lately Steve served as JetBlue’s Chief Monetary Officer the place he was answerable for all disciplines of the finance perform, in addition to strategic sourcing and infrastructure improvement. Throughout his tenure, Steve served because the oversight officer for JetBlue Expertise Ventures, which was established to make sure JetBlue was dedicated to and in fixed pursuit of innovation. He labored in shut partnership with the CEO and management group to deal with customer-centricity by digital innovation and repair, culminating within the highest Internet Promoter Rating (NPS) within the trade, and helped navigate the corporate by the exceptional challenges of the COVID-19 pandemic. 

“Together with his wealthy background as a strategic enterprise chief and expert operator, Steve brings intensive expertise in producing outcomes by investing in expertise, driving innovation and focusing relentlessly on the client,” mentioned Jamie Iannone, Chief Government Officer, eBay. “The airline trade is thought to be extremely aggressive, perpetually working on tight margins, excessive buyer expectations and the infinite must evolve. I’m excited for Steve to convey his distinctive and priceless perspective to eBay.”

“I’m proud to be becoming a member of the pioneer of ecommerce,” mentioned Steve Priest, incoming Chief Monetary Officer, eBay. “The transformation I’ve noticed during the last yr has been spectacular and I do know it’s solely simply starting. I stay up for serving to the corporate pursue its purpose of changing into the perfect international ecommerce market for consumers and sellers.” 

Steve gained intensive worldwide expertise in numerous senior degree positions throughout his almost 20 years with British Airways, together with Senior Vice President, Atlantic Joint Enterprise, Senior Vice President of Buyer Contact and Distribution, and Regional Vice President, Controller for Western Europe, Latin America, and the Caribbean. He’s a graduate of Victoria College of Manchester within the U.Okay. and a certified Chartered World Administration Accountant.

Interim CFO, Andy Cring, will proceed in his function till Steve joins eBay on the finish of June. After that point, Andy will help with the transition. 

“I wish to thank Andy for his dedication as eBay’s interim CFO, and I’m particularly grateful for every part he did to assist me throughout my first yr as CEO,” mentioned Iannone. “He has helped us navigate by unprecedented occasions, supplied super thought management, and championed assist for our vendor group. Andy has performed a important function in transferring eBay ahead.”  

About eBay

eBay Inc. (Nasdaq: EBAY) is a worldwide commerce chief that connects tens of millions of consumers and sellers in 190 markets around the globe. We exist to allow financial alternative for people, entrepreneurs, companies and organizations of all sizes. Based in 1995 in San Jose, California, eBay is likely one of the world’s largest and most vibrant marketplaces for locating nice worth and distinctive choice. In 2020, eBay enabled $100 billion of gross merchandise quantity. For extra details about the corporate and its international portfolio of on-line manufacturers, go to www.ebayinc.com.