eBay CEO Meg Whitman to step down

Posted on Jan 24 2008 - 12:04am by Gadget King

Meg Whitman is calling it quits after 10 years at eBay. She has been a good captain of the ship for the most part minus the Skype Acquisition. Ebay has already admitted this deal was a mistake with a $900 million write-down against the whopping $2.6 billion price tag.  John Donahue, current head of the auction business, will be the new CEO starting March 31st.  Not sure if this is a good or bad thing for eBay… only time will tell. Curious if Meg will work again, she has enough money to take about 200 years off.

Meg Whitman

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