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MarketFoolery

eBay’s New CEO and Disney’s Former CEO

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 13 April 2020

⏱️ 20 minutes

🧾️ Download transcript

Summary

eBay names Walmart executive Jamie Iannone as its new CEO. The New York Times reports that former Disney CEO and current Disney Executive Chairman Bob Iger is reasserting his control over the company. Ad rates tumble on Facebook. And the CDC extends a No Sail Order for cruise ships. Motley Fool contributor Dan Kline tackles those stories and weighs in on the relative merits of ESPN’s Horse Challenge.

Transcript

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0:00.0

It's Monday, April 13th.

0:03.8

Welcome to Market Fulroy.

0:05.0

I'm Matt Greer and joining me from Florida is Motley full contributor Dan Klein.

0:09.3

Dan, how are we doing?

0:11.2

I am good.

0:12.2

Happy to be back. Well Well great to have you back. The Dow down a bit at the time of our

0:17.2

taping but the market's really not doing a whole lot. Later we're going to talk

0:20.8

some Disney, we're going to talk some Facebook, and we're going to talk about a story you just wrote on the CDC and the cruise industry, but we begin with eBay.

0:29.4

eBay has a new CEO, Jamie E Noni, a former Walmart executive,

0:35.0

will take over the top spot at eBay.

0:38.0

Now he was the chief operating e-commerce officer for Walmart.

0:42.0

Dan, what do you think? Yeah, he also... e-commerce officer for Walmart.

0:42.8

Dan, what do you think?

0:43.7

Yeah, he also led digital efforts for Sam's Club,

0:47.1

which was a pretty major turnaround,

0:49.2

going from nothing to being not a fully digital company, but having a website, having pickup, having some delivery

0:56.4

services.

0:57.8

He also, this is a return home to him for eBay.

1:01.5

He was a vice president for eBay for a long time. So this is an interesting

1:05.6

hire. eBay is a sleeping giant. Stock hasn't done very much, which is I guess a good thing you could

1:12.0

say in this market, but this is one of

1:14.1

those companies where I never think about eBay for purchases and a couple of weeks

...

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