EBay calls activist investor Starboard's CEO and board push 'unwarranted, unreasonable and detrimental'
March 19, 2020 at 18:24 PM EDT
The comments came in response to a letter that Starboard, a New York City hedge fund that owns more than 1 percent of the outstanding common stock of eBay, sent to eBay board chairman Tom Tierney on Thursday, urging the board to name a permanent CEO from outside the company — rather than considering both internal and external candidates, as eBay has been doing — and to add four Starboard-backed board nominees to eBay’s board.
