An announcement from eBay ( (EBAY) ) is now available.
eBay Inc. has expanded its Board of Directors from 10 to 11 members, appointing William D. Nash, the CEO of CarMax, effective September 18, 2024. Nash, whose term will run until the 2025 annual meeting, is set to receive standard non-employee director compensation and will enter into the company’s indemnity agreement. The Board has also revised its Bylaws to enhance the process for stockholder nominations of directors and to clarify various procedures and rules. These changes emphasize transparency, eligibility assessment, and commitment to eBay’s governance policies for potential nominees.
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