dv8grl
01-24-2008, 08:15 AM
http://news.yahoo.com/s/ap/20080124/ap_on_hi_te/earns_ebay_36
SAN FRANCISCO - Calling eBay Inc. her "baby," outgoing chief executive Meg Whitman is promising a smooth transition to a new corporate leadership team as she gives up day-to-day control of the online auction company she has led for 10 years.
"EBay is my baby in many ways, and I wanted to make sure the transition was handled in a first class way," Whitman told The Associated Press. She will remain on eBay's board of directors and make herself available to the new team, but looks forward to escaping the 24/7 grind.
"I'm going to power down a little bit," she said.
Whitman said she will continue working on presidential candidate Mitt Romney's campaign and a family foundation that focuses on education and health care.
Whitman, 51, will leave March 31. She said she began three years ago to think seriously about who would succeed her at the Internet giant she led for 10 years.
Incoming chief executive John Donahoe said during a conference call with analysts Wednesday that eBay is not growing as rapidly as he would like, and he sees the greatest opportunity for growth in increasing the site's offering of fixed-price items.
"We need to aggressively change our product, our customer approach and business model," said Donahoe, who has been heading eBay's core auction and e-commerce businesses.
HE NEEDS TO LOWER THE SELLERS LISTING FEES! glad to see her go.. she was one evil money grubbing bitch! <---IMHO :rolling
SAN FRANCISCO - Calling eBay Inc. her "baby," outgoing chief executive Meg Whitman is promising a smooth transition to a new corporate leadership team as she gives up day-to-day control of the online auction company she has led for 10 years.
"EBay is my baby in many ways, and I wanted to make sure the transition was handled in a first class way," Whitman told The Associated Press. She will remain on eBay's board of directors and make herself available to the new team, but looks forward to escaping the 24/7 grind.
"I'm going to power down a little bit," she said.
Whitman said she will continue working on presidential candidate Mitt Romney's campaign and a family foundation that focuses on education and health care.
Whitman, 51, will leave March 31. She said she began three years ago to think seriously about who would succeed her at the Internet giant she led for 10 years.
Incoming chief executive John Donahoe said during a conference call with analysts Wednesday that eBay is not growing as rapidly as he would like, and he sees the greatest opportunity for growth in increasing the site's offering of fixed-price items.
"We need to aggressively change our product, our customer approach and business model," said Donahoe, who has been heading eBay's core auction and e-commerce businesses.
HE NEEDS TO LOWER THE SELLERS LISTING FEES! glad to see her go.. she was one evil money grubbing bitch! <---IMHO :rolling