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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Quite the week for CEOs.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

eBay CEO Devin Wenig is stepping down as the company continues review of potential sale of assetseBay announced on Wednesday Devin Wenig, the president and CEO, is stepping down as the company moves forward with potential sale of assets. I’ve been on eBay since 1997 and 3 pieces of advise. 1 Treat your sellers better. 2 Don’t go to managed payments 3 Stop trying to be Amazon What assets? They don't keep inventory? Interesting move eBay
Source: CNBC - 🏆 12. / 72 Read more »

eBay CEO steps down as the company considers selling off assetseBay said it has appointed Scott Schenkel, senior vice president and chief financial officer, as interim CEO. John Donahoe was so focused on communicating the vision to the team. Sure, there are plenty of things we all like to complain about.
Source: BusinessInsider - 🏆 729. / 51 Read more »

WeWork's CEO drama has one industry insider calling it an 'Elon Musk situation''It's almost like an Elon Musk situation,' a pre-IPO analyst says. ''The company runs on his charisma and vision.' Guy is a clown. Great idea. But not capable of managing the ship in rather challenging waters.
Source: BusinessInsider - 🏆 729. / 51 Read more »