Activist investor Starboard Value is pressuring eBay for the second time in two years and said on Thursday that it plans to install four directors on the e-commerce company's 14-member board.
Starboard said in a letter that it wants the board to appoint an outsider as permanent chief executive after eBay has been headed by an interim CEO for six months. In September, Devin Wenig stepped down after disagreements with the board, and Scott Schenkel, eBay's chief financial officer, was appointed interim CEO.
Starboard's nominees include Peter Feld, the hedge fund's director of research, Shannon Brayton, who most recently served as the chief marketing officer of LinkedIn, Eddy Hartenstein, who currently serves as the lead independent director on Broadcom Inc's board, and Stephanie Tilenius, who has previously worked at Google .
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