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  Open Memo To eBay's Board Of Directors
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ric  
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 More options Oct 23 2009, 1:04 am
From: ric <ric...@verizon.net>
Date: Thu, 22 Oct 2009 22:04:38 -0700 (PDT)
Local: Fri, Oct 23 2009 1:04 am
Subject: Open Memo To eBay's Board Of Directors
To The eBay Board Of Directors.

You have been listening to your overpaid ineffective CEO and the
plethora of excuses he offers for why eBay continues to fail.

You have heard all his assorted plans that were supposed to restore
buyer trust and confidence in the marketplace.

It is painfully obvious John Donahoe does not have the first clue as
to how to reverse the tailspin his leadership and changes have brought
eBay.

Buyers have been voting with mouse clicks for a year now, yet you
accept Donahoe's excuse that the recession is the problem.

Obviously the sales figures at Amazon tell quite the different story,
as does the expanding success of smaller marketplaces -- all at eBay's
expense. Amazon has been eating eBay's lunch, and smaller sites like
ecrater, bonanzle, etsy, etc.. have been getting fat on the leftovers.

It is about time the screams of eBay sellers were heard, not dismissed
as ''noise''.

It's time that buyers abandonment of eBay is constructively addressed,
not disruptively ignored.

It's long past time the eBay Board of Directors stopped accepting the
excuses for eBay's failures and hands it's failed CEO his golden
parachute.

Better yet, terminate John Donahoe for cause and withhold his golden
parachute.

Either way, it is long past the time to change ineffective leadership
at eBay. The recent results reported by both eBay and Amazon
illustrate the point - John Donahoe is a complete failure.

Before the eBay marketplace is completely and irreversibly destroyed,
it is time to appoint a new CEO who is tasked with reversing the
horrendous changes that have brought eBay to it's knees.

Give the new CEO a free hand to replace any and all current
management, the power to reverse any and all unpopular changes and
begin the process of salvaging what little is left of what was once
the world's most successful online marketplace.

eBay does not need to be Costco. eBay does not need to be Amazon Lite.
eBay does not need to be a liquidator. eBay does not need Best Match
or any form of manipulated search. Based upon the past years results,
eBay does not need to be anything John Donahoe suggests.

What eBay needs to be is the successful thriving platform it was only
a few years ago before eBay started fixing things which were not
broken.

For Christmas, all we are asking for is competent leadership, not the
Bain Pain which is choking the life out of eBay.


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