Wednesday, January 30, 2008

eBay Chief Executive to Step Down March 31

Meg Whitman will soon step down as chief executive of eBay Inc., the online auction company that went from a wobbly startup to a multibillion dollar household name in her 10 year tenure. Whitman, age 51, has been reported to be plotting the move and handing the job to John Donahoe, age 47, who has been heading eBay's core auction and e-commerce businesses. She confirmed her March 31 departure as eBay reported fourth quarter earnings Wednesday.

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