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

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Wenig's announcement marks the second major CEO departure seen Wednesday, with Juul CEO Kevin Burns announcing his resignation hours earlier.

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.

 

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

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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.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

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
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »