eBay slumps following CEO Devin Wenig's resignation and a continued review of company assets

eBay shares slipped as much as 3% on Wednesday after CEO Devin Wenig announced his surprise departure. The e-commerce company will appoint chief financial officer Scott Schenkel as interim CEO while it searches for a new chief executive. Wenig's announcement marks the second major CEO departure of the day, with Juul CEO Kevin Burns saying he will resign earlier Wednesday.

eBay shares slipped as much as 3% on Wednesday after CEO Devin Wenig announced his surprise departure. The e-commerce company will appoint chief financial officer Scott Schenkel as interim CEO while it searches for a new chief executive. Wenig's announcement marks the second major CEO departure of the day, with Juul CEO Kevin Burns saying he will resign earlier Wednesday.

So is it time for me to move all my listings to Amazon. I hope not.

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 reviews potential sale of assetseBay's CEO Devin Wenig is stepping down, and the company is continuing its review of a potential sale of assets. Quite the week for CEOs.
Source: CNBC - 🏆 12. / 72 Read more »

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 »