EBay in 2012 paid CEO Donahoe $29.7 million

EBay CEO John Donahoe / Justin Sullivan/Getty Images

NEW YORK EBay (EBAY) CEO John Donahoe's compensation nearly doubled to $29.7 million in 2012, a year that saw the e-commerce company's stock gain 68 percent thanks to growth in its namesake marketplaces business and PayPal.

Donahoe's compensation was valued at $16.5 million in 2011, according to a filing with the Securities and Exchange Commission on Monday.

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His salary grew about 3 percent to $970,353. The bulk of the increase came from stock awards amounting to $23.7 million last year, up from $8.9 million in 2011.

He got an incentive payment of $2.8 million and options worth $2 million.

EBay has been trying to expand PayPal, still largely an online payments service, into brick-and-mortar retailers. Stronger-than-expected results in the final quarter of the year topped the biggest year ever for the company.

[john92021]

they might be making money but they have slowly been destroying ebay for years with their greed. I don't know anyone who is happy with them and a lot of people who no longer use them, myself included.

[joncanuk777]

Will they take it back when the stock goes the other way and he's sold stock?

Yeah, right.

[BCSBUDDY]

Since CBS likes to "highlight" CEO salaries, try this one on for size.
"CBS CEO Paid Nearly $70 Million" - WSJ.com. This is what was reported in April, 2012.

[freedomringsforall]

The other day a customer on eBay bought 6 items of the same item from me on eBay!
So, these items are a USPS Large Priority Box full of product X.
So, when i get to label 6 and an eBay error message page comes up stating that i cannot print anymore labels for that sale.
Obviously i thought something must be amiss because why would eBay let you list hundreds of items on a listing packaged in USPS large priority boxes yet they will only let you print 5 labels.
I, mean really, even a grade schooler wouldn't run a business that stupidly.
I called, as i said, thinking this can't be right, only to find out that oh yes that can be right.
The customer rep told me that they have changed to limiting the number of labels per sale because some sellers are not smart enough to stop pressing the print button if the page is slow.
I responded that eBay already has a warning on the page not to press the print button multiple times.
Maybe they could make it a stronger warning or go to a default warning page if they press it more than once.
Oh, no they couldn't do that that is a lot harder to do than you think responds the customer service rep..
I responded to that by stating that eBay has it go to a default error page when i went to print the 6th label, and lots of other situations in the eBay system, so why is it any harder than for all those other situations.
He responded that I don't get it.
Yea, right.

I myself have been on eBay selling for over 12 years and have never once had the occasion to accidentally reprint a label.

Then he also did the flip flop thing and stated that it is the USPS software that messes up and that eBay is just an innocent caught in the middle and eBay is just trying to protect their eBay customers.
Yea, right.
So, the rep told me i needed to go to the USPS site directly to print more labels for the sale.
Of course the eBay rep failed to tell me that i could not add the new delivery confirmation to the sale within eBay the normal way.
If you do not add the delivery confirmation to the sale then you are out of compliance with the eBay rules and eBay lets the buyer publicly ridicule you with a negative and nasty comment and with assist the buyer in charging you back the amount of the item.
So, of course i had to call eBay back with the obvious question that how am i suppose to be in compliance with the sale if you won't let me add the additional shipping label delivery confirmation number to the transaction detail.
So, of course the response you naturally expect is that you don't do it the normal way you have to go to a different page and click through like this and like this etc. and then you fill it in that box there.
OH, yea of course how could i have possibly thought there would be anything normal about any of the process after such a stupid Ricky retardo start to the entire dumb blank thing.
And add dumb to dumber the eBay rep then tells me that i need to go ahead and delete the former 5 labels.
Well, of course i responded with why would i want to do that?
The rep responded to that with well you don't want to pay for those labels too do you?
I responded yes; why wouldn't i.
So, the rep got flustered and stated that now that i printed the label through the USPS site and have added it to the eBay transaction why would you want to pay for the other labels?
I simply stated, "You have not been listening and do not understand the reason for the phone call do you?".
Of course the rep flatly denied that and by tone and words obviously thought that i was being rude to her.
I was not and i explained to her that at the very beginning of the phone call and a couple of times since i had stated that the entire purpose of this entire process was to get 6 postal labels attached to the purchase.
So, why would i possibly want to void the previous 5 labels and mess the entire transaction up in the eBay system, and totally be out of compliance with eBay and confuse the heck out of the customer on top of that?
Of course there was a kind of quite oh i see type of response on the other end of the phone line.
So, after an hour of diddly jerking around on the phone with eBay reps i finally got the one 6th label printed and attached to the sale in eBay.
How much you want to bet.... i mean if i had the money he makes in a year i would bet double or nothing .... that this policy like so many that this ding dong, getting paid all this money, has instituted is going to be turned around in a short while too.

He has done these stupid policies and they have been turned around over and over during his tenure because they are stupid, stupid, stupid.
D'oh !!!!!!!!!!!

Leadership and the common sense of an organization comes from the top.
eBay needs to dump this ding dong of a CEO asap!

[freedomringsforall]

How on earth can this guy be making so much money per year when he has, to a large degree, turned the eBay buyer/seller interaction on eBay into a defamation/extortion racket.

Only buyers can leave neutral or negative feedback so how else can that possibly play out except for a basic extortion racket against sellers?

eBay will hardly ever take negatives off no matter how stupid and defamatory they are.
eBay always says it is the buyer's opinion.
You can have thousands of positive feedback about an item but if a buyer crazily says the item does not work then eBay says that is the buyers opinion when it is not an opinion that the buyer is stating (because it can be proven whether the item works or not like a cell phone antenna booster) it instead is a publicly published fact that is false, and that is the definition of defamation and the federal law states that if a online service is notified of defamation they must remove it from their site, but eBay regularly flagrantly flaunts that law.

Because it is done all the time and that no eBay rep never ever responds to any suggestion of defamation other than to say that it is the buyer's opinion; that type of instruction and consistence across the board has to be instituted from the top down.

Also, the fee schemes that eBay has must have come from or with the approval from the top and when they instituted this fee structure that includes adding an upfront charge to list and a back end charge for the selling price and now that back end fee for the sale also adds in the shipping fee along with the item sale price to then take a percentage of that!
Wow,

I challenge all news organizations to set a reporter up as a seller on eBay and just go on selling until you run into an honest to goodness conflict with a buyer (not some situation you fabricate)and then see how the eBay customer service representative interaction goes.

9 times out of 10 you can tell right off the bat that they don't really have a clue.
There is no such thing as common sense to them, there is just their set of rules and they try to pigeon hole you into one of those answers they have in their little official data base there.



eBay does such stupid things to shoot themselves in the foot that it is just amazing.

eBay needs to get a new CEO asap.
Dump this ding dong.