EBay CEO to step down in March

Posted: January 24, 2008 in Tech

eBay Inc.announced that Meg Whitman will step down as President and CEO of eBay on March 31, 2008. Whitman will remain on the company’s Board of Directors.  eBay’s Board of Directors voted unanimously to elect John Donahoe President and CEO.

In addition, eBay announced that Rajiv Dutta, currently the President of PayPal, has been named Executive Vice President of eBay Inc. and will also replace Donahoe as President of eBay Marketplaces. Dutta, who will report to Donahoe, has also been elected to the eBay Board of Directors.

Scott Thompson, PayPal’s current Chief Technology Officer, will replace Dutta as President of PayPal.

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