eBay Announces CFO Transition and Executive Leadership Changes
eBay announced significant leadership changes, with Steve Priest stepping down as CFO and Peggy Alford taking over the position effective May 12, 2025. Priest will remain as an advisor until July 31 to ensure a smooth transition.
The company is also restructuring its leadership to enhance innovation and cross-functional collaboration. Key changes include:
- Jordan Sweetnam appointed as Chief Commercial Officer, leading the newly combined Global Markets and Product organization
- Mazen Rawashdeh to head the unified engineering organization as Chief Technology Officer
- Eddie Garcia, Chief Product Officer, will be departing
These organizational changes aim to accelerate innovation, particularly in AI technologies, deepen team collaboration, and drive operational excellence. The restructuring brings together product and market teams into a more integrated structure, while consolidating Engineering into a single organization.
eBay ha annunciato importanti cambiamenti nella leadership: Steve Priest lascerà il ruolo di CFO e Peggy Alford assumerà la posizione a partire dal 12 maggio 2025. Priest resterà come consulente fino al 31 luglio per garantire un passaggio di consegne senza intoppi.
L'azienda sta inoltre riorganizzando la propria leadership per favorire l'innovazione e la collaborazione trasversale. I cambiamenti principali includono:
- Jordan Sweetnam nominato Chief Commercial Officer, a capo della nuova organizzazione combinata di Global Markets e Product
- Mazen Rawashdeh guiderà l’organizzazione unificata di ingegneria come Chief Technology Officer
- Eddie Garcia, Chief Product Officer, lascerà l’azienda
Queste modifiche organizzative mirano ad accelerare l’innovazione, soprattutto nelle tecnologie AI, a rafforzare la collaborazione tra i team e a migliorare l’eccellenza operativa. La ristrutturazione integra i team di prodotto e mercato in una struttura più coesa, consolidando l’ingegneria in un’unica organizzazione.
eBay anunció cambios significativos en su liderazgo: Steve Priest dejará su cargo como CFO y Peggy Alford asumirá la posición a partir del 12 de mayo de 2025. Priest permanecerá como asesor hasta el 31 de julio para asegurar una transición fluida.
La compañía también está reestructurando su liderazgo para potenciar la innovación y la colaboración transversal. Los cambios clave incluyen:
- Jordan Sweetnam nombrado Chief Commercial Officer, liderando la nueva organización combinada de Global Markets y Producto
- Mazen Rawashdeh dirigirá la organización unificada de ingeniería como Chief Technology Officer
- Eddie Garcia, Chief Product Officer, dejará la empresa
Estos cambios organizativos buscan acelerar la innovación, especialmente en tecnologías de IA, profundizar la colaboración entre equipos y promover la excelencia operativa. La reestructuración integra los equipos de producto y mercado en una estructura más integrada, consolidando la ingeniería en una sola organización.
eBay는 중대한 리더십 변화를 발표했습니다. 스티브 프리스트가 CFO 자리에서 물러나고 페기 알포드가 2025년 5월 12일부터 그 자리를 맡게 됩니다. 프리스트는 원활한 인수인계를 위해 7월 31일까지 고문으로 남을 예정입니다.
회사는 또한 혁신과 부서 간 협업 강화를 위해 리더십 구조를 재편하고 있습니다. 주요 변경 사항은 다음과 같습니다:
- 조던 스위트남이 최고상업책임자(Chief Commercial Officer)로 임명되어 글로벌 마켓과 제품 조직을 통합해 이끕니다.
- 마젠 라와쉬데가 최고기술책임자(Chief Technology Officer)로서 통합 엔지니어링 조직을 이끕니다.
- 에디 가르시아 최고제품책임자(Chief Product Officer)는 퇴사할 예정입니다.
이번 조직 개편은 특히 AI 기술 분야에서 혁신을 가속화하고 팀 간 협업을 강화하며 운영 우수성을 추진하는 데 목적이 있습니다. 제품과 시장 팀을 보다 통합된 구조로 결합하고 엔지니어링 조직을 단일 조직으로 통합합니다.
eBay a annoncé des changements majeurs au sein de sa direction : Steve Priest quitte son poste de CFO et Peggy Alford prendra ses fonctions à compter du 12 mai 2025. Priest restera conseiller jusqu’au 31 juillet afin d’assurer une transition en douceur.
L’entreprise restructure également sa direction pour renforcer l’innovation et la collaboration transversale. Les changements clés sont :
- Jordan Sweetnam nommé Chief Commercial Officer, à la tête de la nouvelle organisation combinée des marchés mondiaux et des produits
- Mazen Rawashdeh prendra la direction de l’organisation unifiée d’ingénierie en tant que Chief Technology Officer
- Eddie Garcia, Chief Product Officer, quittera l’entreprise
Ces changements organisationnels visent à accélérer l’innovation, notamment dans les technologies d’IA, à approfondir la collaboration entre équipes et à promouvoir l’excellence opérationnelle. La restructuration regroupe les équipes produit et marché dans une structure plus intégrée, tout en consolidant l’ingénierie en une seule organisation.
eBay hat bedeutende Führungsänderungen angekündigt: Steve Priest tritt als CFO zurück und Peggy Alford übernimmt die Position ab dem 12. Mai 2025. Priest wird bis zum 31. Juli als Berater verbleiben, um einen reibungslosen Übergang zu gewährleisten.
Das Unternehmen restrukturiert zudem seine Führung, um Innovation und bereichsübergreifende Zusammenarbeit zu fördern. Wichtige Änderungen umfassen:
- Jordan Sweetnam wird Chief Commercial Officer und leitet die neu zusammengeführte Organisation für Global Markets und Produkt
- Mazen Rawashdeh übernimmt als Chief Technology Officer die Leitung der einheitlichen Engineering-Organisation
- Eddie Garcia, Chief Product Officer, wird das Unternehmen verlassen
Diese organisatorischen Änderungen zielen darauf ab, Innovationen, insbesondere im Bereich KI-Technologien, zu beschleunigen, die Zusammenarbeit im Team zu vertiefen und operative Exzellenz voranzutreiben. Die Restrukturierung vereint Produkt- und Marktteams in einer integrierten Struktur und konsolidiert das Engineering in einer einzigen Organisation.
- Leadership restructuring aims to accelerate innovation and drive operational efficiency
- Integration of product and market teams into unified structure for enhanced speed and customer focus
- Consolidation of Engineering into single organization to improve operational scale
- New CFO Peggy Alford brings 20+ years of technology sector finance and operations experience
- Changes made from position of strength, not reactionary measures
- Departure of CFO Steve Priest signals potential leadership instability
- Multiple simultaneous leadership changes may cause short-term operational disruption
- Loss of Chief Product Officer Eddie Garcia during critical AI transformation period
"Steve has been an exceptional partner during a period of significant transformation," said Jamie Iannone, Chief Executive Officer, eBay. "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."
"It has been a privilege to work alongside our leadership team and the many talented individuals throughout the company," said Steve Priest. "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 ensure a smooth transition, before being appointed CFO on May 12.
"I'm truly excited to return to a company with such a rich history and legacy," said Peggy Alford. "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."
"We are excited to welcome Peggy as eBay's new Chief Financial Officer," said Jamie Iannone. "She brings more than 20 years of experience leading finance, operations and global teams in the technology sector. Peggy has a proven track record of building strong organizations and driving operational excellence. Her leadership and expertise will be tremendous assets as we continue to position eBay for the future."
In addition to the CFO change, eBay is evolving its leadership structure designed to fuel faster innovation, deepen cross-functional collaboration, and position the company for long-term growth in a rapidly evolving digital and AI-powered landscape.
As part of this continued evolution, the company is bringing together product and market teams into a more integrated, agile structure designed to enhance speed, alignment, and customer-centricity across the organization. It is also consolidating Engineering into a single organization reflecting a broader ambition to operate with greater speed and drive operational scale.
Jordan Sweetnam will lead the newly combined Global Markets and Product organization as Chief Commercial Officer. Mazen Rawashdeh will lead the unified engineering organization as Chief Technology Officer.
"We're making these changes from a position of strength," said Iannone. "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."
As a result, Eddie Garcia, Chief Product Officer, will be leaving eBay. "I am deeply grateful to Eddie for his outstanding partnership and visionary leadership in shaping our product strategy which has significantly advanced eBay's offerings and customer experience," said Iannone. "He has built a world class team and his legacy positions us well for future success."
These leadership changes enable the company to deliver greater value to customers, accelerate innovation with new technologies including AI, and further position eBay for sustainable, long-term growth.
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
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SOURCE eBay Inc.
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