Thursday, March 27, 2008

Ebay’s Robert Kagle Announced Not To Go for Reelection as Board of Directors

It’s in the news (Cnet and Rueters) today that a long-time board member Robert Kagle announced not to go up for reelection at the stockholder’s meeting this coming June but will continue to serve as board of directors until the meeting. Kagle, age 51, served as Director of ebay since June, 1997 started an investment to ebay of $5 million and $7 million as partner with Benchmark Capital, to where he was also a member since its founding in 1995. On the other hand, Philipp De Paul will take charge as Vice President and Chief Accounting Officer effective April 14.

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