Tuesday 24 March 2015

GoPro's CEO Joins EBay


Tony Bates, who is the CEO of GoPro, has joined eBay as one of the directors on the board

Currently, the most talked about GoPro news is that the CEO of the company, Tony Bates, has decided to join eBay Inc. Bates has been given a position on the board of directors of the company and the CEO of eBay believes that this new addition to the company can work in ways for betterment of both the firms. The camera making company’s CEO been appointed in the new company as a director and will be working independently.

On Monday, 23rd March 2015, it was announced by the online shopping company that the head of the camera makers will be working with them. Along with this new entry, one more addition has been done to the eBay family in which CEO of American Red Cross; Gail McGovern has joined the company as another director who will be working side by side Bates.

EBay is on the path towards making its service of payments called PayPal into a separate company and for that purpose the company feels it is necessary to take steps that will help the firm reach its near future goals.

In a recent press release regarding GoPro USA,, the CEO of eBay talked about how successful and accomplished both the CEOs of the companies are and how this will work towards the benefit of his company in the upcoming years. He also mentioned that with the help of both of these executives, eBay will become capable of handling two huge companies at the same time.

As for the Bates, it was in the June of 2014 when he was appointed by the President for GoPro as well as a board member for the company. On the other hand, McGovern, who has joined eBay along with Bates, has provided his services as an EVP for AT&T and was also the President of FPI (Fidelity Personal Investments).

Tony Bates has had a bright past behind him as he worked as an EVP for Microsoft’s Business Development department before he was appointed by the President for the Hero camera makers. He has also worked as the CEO of Skype for two years before Microsoft hired him. After the important additions to the eBay family, in a press release it was recorded that Bates was in favor of PayPal being separated from the actual company which started it. He believes that the company needs to separate itself from its payment service plan for it to work in a more advanced way.

This decision has been taken by the company as one of the most influential investors Carl Icahn has been constantly pressurizing the firm for the needed developments.

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