In its second-largest acquisition, Amazon buys the company for $970 million.
Matt Carey, former senior vice president and chief technology officer for Wal-Mart Stores Inc. is joining eBay Inc. as chief technology officer and senior vice president for eBay MarketPlaces.
Matt Carey, former senior vice president and chief technology officer for Wal-Mart Stores Inc., is joining eBay Inc. as chief technology officer and senior vice president for eBay MarketPlaces.
As CTO for eBay MarketPlaces, Carey will be responsible for eBay’s product development, architecture, project management, operations, information systems and research labs. He serves on advisory boards for Hewlett-Packard Co., Dell Inc. and IBM Corp.
In his 20 years at Wal-Mart, No. 12 in the Internet Retailer Top 400 Guide to Retail Web Sites, Carey directed the development and execution of the company’s technology strategy, supporting the opening of more than 350 new stores and distribution centers worldwide annually. He also served in an advisory role for the in-store merchandising strategy of technology-related products.
“Matt’s experience in leading a large technology organization and growing a complex platform is unparalleled, and we area thrilled that he is joining us,” said John Donahoe, president of eBay MarketPlaces. “Matt will help the eBay technology team focus on delivering innovative new ways for our community to connect and trade with one another.”
Carey succeeds Lynn Reedy, who in October announced plans to leave eBay.