Trouble at mill? StubHub President resigns

No primary category set

Chris Tsakalakis, President of eBay owned tickets marketplace StubHub, has resigned. His resignation, which is effective immediately, comes not long after a massive reorg at the company which saw 100 employees being laid off. The company is already seeking a replacement.

Tsakalakis had been in post since 2007, when he took over as president at the time it was bought by eBay. Prior that he’d held several senior positions at eBay Inc.

Stubhub has released this statement:

“Chris Tsakalakis has decided to leave StubHub, and has stepped down as president effective immediately. StubHub’s North America lead, Noah Goldberg, and CFO, Ajay Gopal, will serve as the interim co-leads for the business. We will begin a search immediately to identify the right person to lead StubHub in the future.

Chris has made an enormous impact at eBay and StubHub during his 11+ years here. During his tenure, StubHub has grown into the largest ticket marketplace in the world. He has been an avid champion for customers and has made a focus on fans central to the StubHub DNA. We are grateful for his many contributions over the years, and look forward to following his ongoing success.”

Having no insight into what actually happened, it’s only possible to speculate. But it does seem like there may be trouble at the Stubhub mill.

RELATED POSTS..

Following Paralympics, schuh launches Single Shoe initiative

Following Paralympics, schuh launches Single Shoe initiative

Pre-loved and refurbished now 40% of eBay GMV

Pre-loved and refurbished now 40% of eBay GMV

1st Class Stamp to cost almost double 2nd Class from October

1st Class Stamp to cost almost double 2nd Class from October

⅓ of UK’s 130 biggest retailers now have paid returns

⅓ of UK’s 130 biggest retailers now have paid returns

Brits expect personalised suggestions to bring products to them

Brits expect personalised suggestions to bring products to them

ChannelX Guide...

Featured in this article from the ChannelX Guide – companies that can help you grow and manage your business.

Latest

Take a look through a selection of the latest articles on ChannelX

Register for Newsletter

Receive 5 newsletters per week

Gain access to all research

Be notified of upcoming events and webinars