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Matt Carey Named Chief Technology Officer for eBay Marketplaces


San Jose, Calif., December 21, 2005 – eBay (Nasdaq: EBAY; www.ebay.com) today announced that Matt Carey will join the company as Chief Technology Officer and Senior Vice President for eBay Marketplaces, effective February 1, 2006. Carey, who brings more than 20 years of experience to the role, will report to John Donahoe, President of eBay Marketplaces.

As CTO for eBay Marketplaces based in San Jose, Calif., Carey will assume responsibility for a technology organization that has built and maintained one of the most sophisticated online transaction platforms ever developed. He will be responsible for eBay's product development, architecture, project management, operations, information systems and research labs.

"Matt's experience in leading a large technology organization and growing a complex platform is unparalleled, and we are thrilled that he is joining us," said Donahoe. "Matt will help the eBay technology team focus on delivering innovative new ways for our community to connect and trade with one another."

Carey comes to eBay from Wal-Mart Stores, Inc., where he was Senior Vice President and Chief Technology Officer. With Wal-Mart for more than 20 years, Carey directed the development and execution of the company's technology strategy, supporting the opening of more than 350 new stores and distribution centers around the globe on an annual basis. In addition, Carey served in an advisory role for the in-store merchandising strategy of technology-related products. Carey is very active in the technology industry and currently serves on advisory boards for Hewlett-Packard, Dell Computer and IBM.

Carey will succeed Lynn Reedy, who announced in October her intention to leave eBay. Reedy played an integral role in shepherding the growth of the eBay platform over the past six years, most recently as CTO of eBay Marketplaces Product & Technology.

About eBay Inc.
Founded in 1995, eBay pioneers communities built on commerce, sustained by trust, and inspired by opportunity. eBay enables ecommerce on a local, national and international basis with an array of websites – including the eBay Marketplace, PayPal, Skype, Kijiji, Rent.com and Shopping.com – that bring together millions of buyers and sellers every day.

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