EBay CEO Devin Wenig is stepping down as the company reviews potential sale of assets

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eBay's CEO Devin Wenig is stepping down, and the company is continuing its review of a potential sale of assets.

announced Wednesday that Devin Wenig is stepping down as president and CEO and the company is moving forward with the potential sale of assets.

Scott Schenkel, eBay's senior vice president and chief financial officer since 2015, has been appointed as interim CEO. Schenkel joined eBay in 2007 as vice president of global financial planning and analysis. He then spent six years as chief financial officer of eBay Marketplace before becoming the CFO of eBay.Wenig addressed his resignation by tweeting, "In the past few weeks it became clear that I was not on the same page as my new Board. Whenever that happens, its best for everyone to turn that page over. It has been an incredible privilege to lead one of the worlds great businesses for the past 8 years.

 

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Quite the week for CEOs.

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