Summary
This Form 8-K filing by eBay Inc. reports a key executive change within its finance department. Douglas Jeffries, the company's principal accounting officer, has announced his resignation, effective May 24, 2007. Mr. Jeffries is departing to assume the Chief Financial Officer role at Pacific Ethanol, Inc. This transition marks a change in eBay's accounting leadership. In response to Mr. Jeffries' departure, eBay has appointed H. Baird Radford, III as interim principal accounting officer. Mr. Radford brings extensive experience within eBay, having served as Vice President, Corporate Controller since December 2004, and previously holding senior accounting policy roles. His prior experience also includes a significant tenure in the audit practice at PricewaterhouseCoopers LLP. Investors will be monitoring the transition and the company's accounting oversight during this period.
Key Highlights
- 1eBay Inc. announced the resignation of its Principal Accounting Officer, Douglas Jeffries, effective May 24, 2007.
- 2Mr. Jeffries is leaving eBay to become the Chief Financial Officer of Pacific Ethanol, Inc.
- 3H. Baird Radford, III has been appointed as the interim Principal Accounting Officer.
- 4Mr. Radford has a strong internal background at eBay, serving as Vice President, Corporate Controller since December 2004.
- 5Prior to his current role, Mr. Radford held various accounting positions within eBay and has experience from PricewaterhouseCoopers LLP.
- 6The filing is dated May 3, 2007, with the earliest event reported also on May 3, 2007.