San Jose, California-based EBay has appointed Julie Simpson, its vice president, head of internal audit and chief audit executive, to the board of directors of Norway-based marketplaces giant Adevinta, effective immediately, according to a press release from the latter.
The press release goes on to note that Simpson (LinkedIn profile) oversees three risk management and control functions at EBay — internal audit, Sarbanes-Oxley (a federal law that mandates certain practices in financial record keeping and reporting for corporations) and enterprise risk management — in addition to a number of EBay’s finance leadership development programs. She also serves on the board of the EBay Foundation.
Prior to joining EBay in 2011, Simpson spent around two decades in a variety of risk, controls, accounting and finance management roles at Yahoo, PayPal, Visto, and 3Com. She began her career at accounting firm Arthur Andersen in 1993, working in its offices in Los Angeles and San Jose.
Simpson, who has a BA in Economics from the University of California, Santa Barbara and is a licensed Certified Public Accountant, will replace EBay chief legal officer Marie Oh Huber as board member.
In 2021, EBay reduced its stake in Adevinta from 44.0% to 34.0% as part of an agreement with Austrian regulators to secure approval for a transaction between EBay and Adevinta. It has since reduced its stake further to 33.0%, but it remains the largest shareholder in the company, ahead of Schibsted, which currently has a 28.1% holding.
Adevinta’s products and services include both generalist classifieds sites and specialist real estate, motors and jobs sites, including LeBonCoin in France, Mobile.de and Kleinanzeigen (formerly EBay Kleinanzeigen) in Germany, Fotocasa and Milanuncios in Spain, Marktplaats in the Netherlands and Subito in Italy.