kindproject

ebay to get a new captain

Posted by jonathan - 24/01/08 at 05:01:35 am

Apparently the people over at ebay have been reading my blog and figured it was time for a new captain of the ship.

In a top-order rejig at eBay Inc, Meg Whitman has resigned as its CEO, and would be replaced by John Donahoe while the world’s largest Internet auction firm has brought in India-origin former finance head Rajiv Dutta to the board.

In a late night announcement on Wednesday, eBay said that Whitman would step down as its president and CEO on March 31, currently head of its core auction business.

The company also announced that Rajiv Dutta, currently president of its PayPal unit, has been named executive vice president of eBay Inc and would replace Donahoe as president of auction business unit - eBay Marketplaces…..

Whitman had joined eBay in March 1998 and had been instrumental in its evolution from a US-only auction-based trading site with 500,000 registered users, just 30 employees, and $4.7 million in revenue at that time to hundreds of millions of users worldwide, more than 15,000 employees and nearly $7.7 billion in revenue.

- rediff

Glad to hear they are promoting from within and more importantly from PayPal the shining star of their portfolio. Whitman did a great jog growing the core company but I’m looking forward to see what comes from the new blood.

nice manhattan, sweet bar

Posted by jonathan - 20/05/07 at 10:05:48 pm

pops used to drink manhattans and I have picked up the vice as well. the sweet tooth must be hereditary. threw a couple back with a nice condiment, black cherries, at Death & Co on saturday.

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