New independent director, Bill Nash, CEO of CarMax, brings
significant expertise in retail, e-commerce and technology
development
SAN
JOSE, Calif., Sept. 19,
2024 /PRNewswire/ -- eBay Inc. (Nasdaq: EBAY), a
global commerce leader that connects millions of buyers and sellers
around the world, today announced the appointment of William (Bill) D. Nash to its Board of
Directors, effective September 18,
2024.
"We are delighted to have Bill join our Board of Directors,"
said Paul Pressler, Chairman of the Board, eBay Inc. "Bill has
a deep understanding of retail and e-commerce and brings extensive
knowledge of building customer loyalty and trust to significantly
grow businesses. His experience and expertise at CarMax will help
eBay further its strategy and aid in its focus on sustainable,
long-term growth."
Bill Nash is president and chief
executive officer of CarMax, the largest retailer of used cars in
the U.S., which includes its CarMax Auto Finance (CAF) subsidiary.
He oversees all aspects of the business including strategy,
finance, operations, technology, marketing, and human resources.
Under his leadership, CarMax has undergone the largest
transformation in its history by investing significantly in
technology and digital initiatives to become an omnichannel
retailer. Nash was promoted to the President and CEO role in 2016
after serving as Executive Vice President of Human Resources and
Administrative Services. He was also elected to serve as a director
of the CarMax board in 2016. Nash began his career at CarMax
in 1997 and has held various senior roles before stepping into his
current position. Nash received a Bachelor of Business
Administration degree with a concentration in accounting from
James Madison University.
"I am thrilled to join eBay's Board of Directors," said
Bill Nash. "I believe eBay is
uniquely positioned to reinvent the future of e-commerce for
enthusiasts and is on a clear path to deliver increased value for
shareholders. I'm eager to bring my experience of delivering
exceptional, iconic experiences for customers while accelerating
company growth, and I look forward to partnering with the Board to
oversee and advance the efforts already underway."
As a matter of practice, the Board of Directors regularly
evaluates the composition of the board and considers how they can
maintain the appropriate mix of skills, qualifications and
diversity of backgrounds to best oversee the business and long-term
strategy of the company. Following these changes, eBay Inc.'s Board
of Directors will be composed of eleven directors, ten of whom are
independent.
About eBay
eBay Inc. (Nasdaq: EBAY) is a global commerce leader that
connects people and builds communities to create economic
opportunity for all. Our 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 2023, eBay enabled
more than $73 billion of gross
merchandise volume. For more information about the company and its
global portfolio of online brands, visit www.ebayinc.com.
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SOURCE eBay Inc.