SAN JOSE, Calif.--(BUSINESS WIRE)--eBay Inc. (NASDAQ: eBay) today announced the appointment of Daniel Tarman as eBay’s Chief Communications Officer following the separation of eBay and PayPal into two, independent publicly traded companies in the third quarter of 2015. Tarman will report to eBay CEO-designee Devin Wenig and become part of the company’s executive leadership team.
“Dan is a seasoned executive and strong leader with the right combination of global communications and brand experience to help us lead eBay forward," Wenig said. “I look forward to having him on our leadership team as we create the next great chapter for eBay."
Tarman joins eBay from PIMCO, where for the past eight years he served as Executive Vice President and Global Head of Corporate Communications. Reporting to the CEO, Tarman led brand and reputation management efforts for PIMCO, the world’s largest bond investment management firm, with $1.6 trillion in assets under management. Prior to PIMCO, Tarman held senior communications positions at Countrywide Financial Corporation, VISA, and the global public relations agency Burson-Marsteller. Tarman holds a bachelor’s degree from Tulane University and a law degree from the University of Miami.
At eBay, Tarman will lead the global communications function responsible for brand and reputation management, employee communications, social innovation and the eBay Foundation. He will be replacing Alan Marks, Senior Vice President, Global Communications, for eBay Inc. Marks has been with eBay Inc. since 2008, reporting to CEO John Donahoe and serving as a member of the $18 billion global commerce and payments company’s executive management team. Marks was responsible for all aspects of communications and reputation management for the company’s eBay, PayPal and eBay Enterprise business units during a period in which the company more than doubled its revenue and number of employees. He decided to leave the company upon the successful completion of the separation of the two businesses.
In September 2014, eBay Inc. announced a plan to separate the company’s commerce and payments businesses into two independent publicly traded companies, eBay and PayPal. The transaction, which is expected to be completed in the third quarter of 2015, will create two independent industry leaders in commerce and payments.
eBay generated approximately $9 billion in annual revenues in 2014 and following separation will continue to be a global commerce leader. One of the world’s top 30 global brands, the company’s flagship Marketplace commerce platform had 157 million active buyers and 25 million sellers at the end of Q1 2015, offering over 800 million listings of diverse inventory at great value. eBay is a leader in emerging commerce battlegrounds such as mobile and cross-border commerce. At the end of Q1, eBay had 266 million cumulative app downloads, helping to generate $8 billion in mobile commerce volume in the quarter. Approximately 60% of eBay Marketplaces revenue is international with cross-border commerce representing around 20% of eBay's gross merchandise volume.
For more information related to the separation, please visit separation.ebayinc.com/