StubHub seeking new president

StubHub is recruiting for a new chief executive following the promotion of its incumbent president, Scott Cutler, to senior vice-president, Americas, of eBay’s marketplace business.

Cutler, a former head of global listings at the New York Stock Exchange, has led eBay’s secondary ticketing subsidiary since May 2015. He will continue to serve as head of StubHub while the company searches for a new president.

Other new appointments at eBay include Jay Lee to senior vice-president, EMEA, and Jooman Park to senior VP, Asia-Pacific.

“Scott, Jay and Jooman are seasoned leaders with great track records,” says eBay president and CEO Devin Wenig. “They will continue to focus on accelerating our core business and driving eBay’s competitive advantages as a global commerce leader.”

Cutler (pictured) said in January StubHub, the world’s biggest secondary ticketer, would in future be moving beyond ticket resale, including into transport, accommodation and dining.

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StubHub rebrands Ticketbis

Ticketbis, the multinational secondary ticketing giant acquired by eBay last May, has been rebranded worldwide as StubHub, bringing to an end the Ticketbis name in the dozens of countries, primarily in Europe, Asia and Latin America, where it formerly had a presence.

The renaming, effective from today, “represents the latest step in the integration process between the two companies”, reads a statement from StubHub.

“StubHub is making solid progress in our goal to integrate Ticketbis into our platform, and to give consumers access to the world’s largest catalogue of live events,” comments StubHub president Scott Cutler (pictured).

“This phase marks a significant step in introducing Ticketbis customers to the StubHub brand and extending to them access to the performers, artists and athletes they love”

“This phase marks a significant step in introducing Ticketbis customers to the StubHub brand, and extending to them access to the performers, artists and athletes they love, no matter where they live or where they want to travel.”

StubHub, acquired by eBay in 2007, last week revealed it earned record revenues in the fourth quarter of 2016, increasing turnover to US$279 million. With the acquisition of Ticketbis it cemented its position as the world’s largest secondary ticketing site, gaining a lucrative foothold in the Asia-Pacific region.

In related news, The Canadian Press reports StubHub is planning to increase in presence in Canada – its second-largest market, after the US – with a more localised website, including a French-language option to better serve Quebeckers.

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