eBay Names New Chief Financial Officer

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eBay has named a new chief financial officer  and executive leadership changes.

Takeaway Points

• eBay, Inc., Chief Financial Officer, Steve Priest, will be leaving the company.
• Peggy Alford will join as the company’s CFO.
• Mazen Rawashdeh will lead the unified engineering organization as Chief Technology Officer.
• The  company is founded in 1995 in San Jose, California.

eBay’s New CFO

eBay, Inc., a global commerce leader that connects millions of buyers and sellers around the world, announced on Wednesday that the Chief Financial Officer, Steve Priest, will be leaving the company. Peggy Alford will join as the company’s CFO, effective May 12. 

Steve will remain in an advisory position until July 31 to help a smooth transition. His last day as CFO is May 11, the company said.

Jamie Iannone, Chief Executive Officer, eBay, commented, “Steve has been an exceptional partner during a period of significant transformation. His leadership helped guide us through the uncertainty of the pandemic and laid the foundation for the strength and resilience we see in the business today. We are deeply grateful for his contributions and wish him the best.”

Steve Priest said, “It has been a privilege to work alongside our leadership team and the many talented individuals throughout the company. With eBay well positioned for success, it’s the right time for me to depart.”

Peggy Alford will join eBay in an advisory capacity on May 5 to enable a smooth change before being appointed CFO on May 12.

Peggy Alford said, “I’m truly excited to return to a company with such a rich history and legacy. There’s a deep sense of pride in being part of an organization that continues to resonate with so many people around the world. What I’m most excited about is the opportunity to help shape what comes next, partnering with Jamie and the leadership team to harness today’s technology in ways that make the experience for customers even more seamless, intuitive, and inspiring.”

Other Appointments

Jordan Sweetnam will lead the newly combined Global Markets and Product organization as Chief Commercial Officer, while Mazen Rawashdeh will lead the unified engineering organization as Chief Technology Officer.

Iannone added, “We’re making these changes from a position of strength. Our leadership evolution is about moving with greater speed, deepening collaboration across teams, and continuing to build the capabilities we need for the future. We believe these changes will drive long-term growth and deliver greater impact for our buyers and sellers.”

The company said that it is combining product and market teams into a more integrated, agile structure to boost speed, alignment, and customer-centricity across the organization.

About eBay

eBay Inc. (Nasdaq: EBAY) is a global commerce leader that connects people and builds communities to create economic opportunity for all. Their technology empowers millions of buyers and sellers in more than 190 markets around the world, providing everyone the opportunity to grow and thrive. Founded in 1995 in San Jose, California, eBay is one of the world’s largest and most vibrant marketplaces for discovering great value and unique selection. In 2024, eBay enabled $75 billion of gross merchandise volume.