eBay CEO Meg Whitman is getting a raise, eBay is buying real estate for $124.2 million in San Jose to expand its headquarters, and eBay's annual meeting will take place in Orlando, Florida, on June 26, the first day of its eBay Live convention.

CEO Meg Whitman received a salary of $250,008 in 2002 with a $419,698 bonus and personal use of the corporate jet and chartered flights. Effective March 1, 2003, Whitman will receive a salary of $990,000. She was also granted an option to purchase 550,000 shares of eBay stock, vesting over four years.

On April 22, 2003, eBay entered agreements to purchase a five-building office campus from Novell for $95 million and undeveloped land that is adjacent to this property for $29.2 million. The city of San Jose was originally going to use the property for airport development.

The Annual Meeting of Stockholders of eBay Inc. will be held on Thursday, June 26, 2003, at 8:00 a.m. Eastern time at The Peabody Hotel in Orlando, Florida. The hotel is next to the convention center where eBay's convention, eBay Live, which also begins on Thursday.