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Starboard nominates directors to eBay's board, seeks external CEO [Reuters (UK)]

eBay Inc. (EBAY)  More Company Research Source: Reuters
Last ebay inc. earnings: 4/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ebayinc.com
Starboard nominates directors to eBay's board, seeks external CEO - Reuters 1 Min Read (Reuters) - Activist investor Starboard Value said on Thursday it has nominated four directors to eBay Inc’s board and urged the e-commerce firm to look for external candidates for the chief executive officer role. EBay’s current board had difficulty making critical decisions as shown by the delay in making a CEO change that seemed inevitable after sustained underperformance, Starboard’s portfolio manager Peter Feld wrote in a letter to eBay’s board. The company’s former CEO Devin Wenig stepped down in September last year, citing differences with eBay’s revamped board. The company received fresh criticism earlier this year when Starboard said it had not moved fast enough to sell its classifieds business, which the activist investor feels competes with its main marketplace. Reuters reported last week, citing people familiar with the matter, that Starboard would nominated minority slate of directors t [Read more]
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Stockreport

Starboard nominates directors to eBay's board, seeks external CEO [Reuters (UK)]

eBay Inc.  (EBAY) 
More Company Research Source: Reuters
Last ebay inc. earnings: 4/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ebayinc.com
Starboard nominates directors to eBay's board, seeks external CEO - Reuters 1 Min Read (Reuters) - Activist investor Starboard Value said on Thursday it has nominated four directors to eBay Inc’s board and urged the e-commerce firm to look for external candidates for the chief executive officer role. EBay’s current board had difficulty making critical decisions as shown by the delay in making a CEO change that seemed inevitable after sustained underperformance, Starboard’s portfolio manager Peter Feld wrote in a letter to eBay’s board. The company’s former CEO Devin Wenig stepped down in September last year, citing differences with eBay’s revamped board. The company received fresh criticism earlier this year when Starboard said it had not moved fast enough to sell its classifieds business, which the activist investor feels competes with its main marketplace. Reuters reported last week, citing people familiar with the matter, that Starboard would nominated minority slate of directors t [Read more]
IMPACT SNAPSHOT
EVENT TIME:
EBAY
Last Price
Price Change
Price Change %
Volume Shares
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Volume Ratio
%
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Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS