eBay appoints Steve Fisher to implement Adyen on eBay

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Steve Fisher, eBay’s Chief Technology Officer, will take on the new role of Senior Vice President of Payments to implement Adyen on eBay. Steve will relinquish his role as CTO. This perhaps makes him the most important Senior Vice President within eBay for the next few years as eBay move away from their 16 year partnership with PayPal. eBay owned PayPal for thirteen of these years from 2002 until activist investors forced the two companies to split in 2015.

eBay will begin intermediating, or managing, payments on the Marketplace platform leveraging Adyen’s experience and platform as their chosen payments partner. To achieve this, eBay are evolving their organisational structure to best support the critical initiative and will begin to implement Adyen on eBay on a small scale later this year and fully transitions to its new payments experience by 2021.

Steve will be responsible for overseeing eBay’s overall payments initiative, including the strategy, business, risk, product and engineering efforts.

“Payments is a critical initiative for eBay as we remain sharply focused on improving the customer experience on our platform. Steve brings exceptional leadership, business, product and technology expertise, as well as experience building eBay’s new payments capabilities from the beginning, to this role. I’m confident he will provide the right leadership for this important effort.”
– Devin Wenig, CEO, eBay Inc

eBay’s Core Product and Technology organisation

Mohan Patt, Vice President of Core Product Experience, and Mazen Rawashdeh, Vice President of Platform Engineering, will co-lead eBay’s Core Product and Technology organisation.

“Mohan and Mazen have provided exemplary leadership and created significant innovation within the Core Product and Technology organization, implementing a customer-first mindset to drive product-based innovation for our buyers and sellers. They both will become members of eBay’s executive leadership team as we continue to transform our technology platform and customer experience on eBay.”
– Devin Wenig, CEO, eBay Inc

Mohan will lead the Core Product Experience team, and Mazen will lead the Platform Engineering team. Steve, Mohan and Mazen each will report to CEO Devin Wenig.

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