Ebay Inc. · NASDAQ:EBAY
Ebay — Shareholder Meeting (May 2019)
24 slides from Ebay's shareholder meeting presentation, May 17, 2019
Slide 1: Investor Presentation May 2019
Investor presentation may 2019 ebay
Slide 2: Table of Contents
TABLE OF CONTENTS I. Business, Strategy, and Capital Allocation Business Overview Strategic Priorities Recent Performance Capital Allocation II. Board and Corporate Governance Practices Board Composition,Tenure and Refreshment Independent Chair Proposal Updated Lead Independent Director Duties Activ
Slide 3: Business, Strategy, and Capital Allocation
Business, strategy, and capital allocation 3
Slide 4: Our Platforms
Our Platforms Our platforms seamlessly connect buyers and sellers, and we leverage our expertise across all our platforms to provide users with simple and effective ecommerce experiences StubHub 180M Global Active Buyers 60% International GMV1 >190 Markets Served 62% of GM82 Touched by Mobile 459M+
Slide 5: Our Strategic Priorities
Our Strategic Priorities Providing the greatest selection of inventory for our buyers From new, everyday items to rare and unique goods And incredible deals only found on eBay Long Enabling buyers to easily find, compare and purchase items they need and want A shopping experience that is simple, dat
Slide 6: Recent Performance
Recent Performance In Ql, Active Buyers continued steady growth at 4% YoY. Revenue was up 2% as reported,3% on an FX neutral, organic basis. Non-GAAP EPS grew double digits for the 4th straight quarter TTM Active Buyers (millions) Revenue Y/Y Growth Non-GAAP EPS Y/Y Growth TSR Performance Since Spin
Slide 7: Thoughtful Capital Allocation
Thoughtful Capital Allocation A disciplined approach to capital allocation has allowed us to preserve our financial flexibility in order to execute on our strategy and take value enhancing actions in our portfolio Capital Allocation Tenets Supplement organic growth with disciplined acquisitions and
Slide 8: Board and Corporate Governance Practices
BOARDAND CORPORATE GOVERNANCE PRACTICES
Slide 9: Highly Skilled and Independent Board of Directors
Highly Skilled and Independent Board of Directors 14 of 15 directors are independent Directors have complementary experiences, backgrounds and skill sets which contribute to strong Board dynamics andeffective strategic oversight of management, including: 11 directors, 10 independent, added to the Bo
Slide 10: Experienced Board with Robust Leadership
Experienced Board with Robust Leadership Thomas TierneyeBay Board Chairman Chairman & Co-Founder, The Bridgespan Group Director Since 2003 Independent Chairman Devin Wenig eBay President & CEO Director Since 2015 Jesee Cohn Partner, Elliott Management Corp Former President Director Since 2019 Matt M
Slide 11: The Board Recommends a Vote Against the Independent Chair Proposal
The Board Recommends a Vote Against the Independent Chair Proposal Our current Board Structure Provides for Strong, Independent leadership We value Board independence and refreshment;14 of our 15 directors are independent and 11 new directors have joined the Board since 2015 We have had an independe
Slide 12: Updated Lead Independent Director Duties
Updated Lead Independent Director Duties Our Guidelines provide that, if the Chairman is not independent, the independent directors will choose a Lead Independent Director with robust responsibilities. While eBay currently has an Independent Chairman, in line with our commitment to good governance,
Slide 13: Active Risk Oversight
Active Risk Oversight Management is responsible for the day-to-day management of the risks that we face, while the Board, as a whole and through its committees, has responsibility for the oversight of risk management Full Board The Board is responsible for the risk management framework and ensuring
Slide 14: Commitment to Corporate Governance Best Practices
Commitment to Corporate Governance Best Practices We regularly engage with stockholders to seek their feedback on our corporate governance practices and our executive compensation program; these discussions directly inform the Board’s decisions In 2018-2019, offered meetings with stockholders repres
Slide 15: Executive Compensation
EXECUTIVE COMPENSATION
Slide 16: Highly Performance-Based Compensation Program Drives Long-Term Stockholder Returns
16 ebay Highly Performance-Based Compensation Program Drives Long-Term Stockholder Returns CEO Compensation is Heavily Performance- and Equity-Based Rigorous Goal and Target Setting Process • In the first quarter of the year, the Compensation Committee approves Company performance measures based on
Slide 17: Highly Performance-Based Compensation Program Drives Long-Term Stockholder Returns
16 ebay Highly Performance-Based Compensation Program Drives Long-Term Stockholder Returns CEO Compensation is Heavily Performance- and Equity-Based Rigorous Goal and Target Setting Process Note: 2018 reported compensation breakdown for Mr. Wenig as disclosed in 2019 proxy statement 2018 CEO compens
Slide 18: Annual Cash Incentive and PBRSU Metrics
Annual Cash • FX-neutral revenue (threshold) Incentive • Non-GAAP net income • Individual Performance • A minimum revenue threshold must be met before any incentive is paid • Non-GAAP net income is directly affected by management decisions and provides the most widely followed measure of financial p
Slide 19: Diversity, Human Capital, and Global Impact
DIVERSITY, HUMAN CAPITAL, AND GLOBAL IMPACT
Slide 20: eBay Workforce Culture and Board Engagement
ebay eBay Workforce Culture and Board Engagement CEO, Management and the Board are intently focused on building a culture of leadership, development, and excellence at eBay Management Accessibility and Engagement: • CEO is eBay’s Chief Culture Officer and routinely meets with employees • Regular rhy
Slide 21: Global Impact Update
Global Impact Update In 2016, we set new eBay Impact goals that align with—and complement—how eBay does business, These targets also consider and help advance the UN Sustainable Development Goals Global Impact Team Governance • Guided by the Global Impact team, with oversight from the Board and Exec
Slide 22: Global Impact Update
Global Impact Update Empowering aspiring entrepreneurs and building vibrant and sustainable communities ** 2020 GOAL: Lend $1 million to entrepreneurs via Kiva; enable 50,000 entrepreneurs through access to capital and mentoring and thereby impact the lives of 250,000 people globally ** 2018 PROGRES
Slide 23: Thank You
THANK YOU
Slide 24: ebay
ebay