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eBay CEO stepping down

After 10 years, the eBay chief looks to be stepping down. Maybe eBay can pay her replacement less and lower the fees consumers are paying!

EBay Inc. Chief Executive Meg Whitman is preparing to retire. In the past few months, Ms. Whitman, who has led the San Jose, Calif., Internet auctioneer since March 1998, has been delegating more daily responsibilities to her lieutenants and is completing her succession planning, say people familiar with the matter. A decision about her departure could come within weeks, though the situation remains fluid, say these people.

Wall Street Journal

Posted by | Tue, Jan 22, 2008 - 10:56 AM