Saridakis became chief executive of GSI marketing services division in May, just days after he quit as Gannett chief digital officer. He later cited disagreements over the slow pace of decision-making in explaining his exit.
EBay announced yesterday that it was acquiring GSI for $2.4 billion. Based in the Philadelphia suburb of King of Prussia, Pa., GSI assists more than 180 top brands and retailers with their websites, including Aéropostale, Timberland, Mattel, Zales and Major League Baseball, according to The Wall Street Journal.
With the deal, eBay gets an order-management, fulfillment and shipping business that competes directly with Amazon's own fulfillment offering for merchants. Fulfillment centers pack up orders for shipment. GSI will operate as a separate company for 2011, the WSJ says.