eBay’s Whitman Bids Farewell

24th January 2008

Yesterday, eBay reported its earnings for the fourth quarter. At the same time, the company announced its CEO, Meg Whitman, will be stepping down on March 31, 2008. This decision was expected as the date marks Whitman’s ten-year anniversary at the company. Previously, she had said no CEO should stay longer in his or her post than a decade.

Whitman will be replaced by John Donahoe, eBay’s President of Marketplaces. Donahoe’s division accounts for more than 70% of the company’s global revenue. For more information about this transition, there is plenty of coverage from “Fortune”. The links below are just a few related articles.

“New CEO, uncertain future for eBay”

”Meet eBay’s new boss”

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