Carl Icahn spoke with Bloomberg Television’s Trish Regan today following an open letter to concerning his proposal to spinoff PayPal from eBay.
He singled out Marc Andreessen and Scott Cook saying they are not working in EBay’s best interest: “I think they’re respected. I think they’re accomplished. And I agree mostly they’re value-driven leaders. The trouble is they’re value-driver leaders for themselves, not for eBay and not for the shareholders they have a fiduciary obligation to.”
When asked why John Donahoe doesn’t want a spinoff, Icahn said, “[Donahoe’s] trying to attract really top people. Top people aren’t going to work for John Donahoe.”
source: Bloomberg Television