Summary
This 8-K filing from eBay Inc. on July 16, 2007, primarily announces a significant change in its Board of Directors. David Moffett was appointed as a new director, effective July 13, 2007. This appointment increases the size of the Board from eleven to twelve members. Mr. Moffett will serve as a Class III director, with his term expiring at the 2010 annual stockholder meeting, and he will also be a member of the Audit Committee. The filing includes the press release detailing this appointment as an exhibit.
Key Highlights
- 1eBay Inc. appointed David Moffett to its Board of Directors on July 16, 2007.
- 2Mr. Moffett's tenure commenced on July 13, 2007.
- 3The Board of Directors size increased from eleven to twelve members.
- 4Mr. Moffett is appointed as a Class III director, with a term expiring in 2010.
- 5He will also serve on the Audit Committee of the Board.
- 6The appointment fills a vacancy created by an increase in the Board's size.