Ebay’s Meg Whitman to Step Down After a Decade as CEO
It is not just Yahoo that is going through some rough times. After a decade at the helm, eBay CEO Meg Whitman is preparing to retire, reports the WSJ (subscr. req.). John Donahue, the president of eBay Marketplace, who was trotted out on a press tour about a month ago, is said to be the front-runner to be the next CEO.
During most of Whitman’s tenure, eBay seemed unstoppable. But the network effects that made it so powerful in the Web 1.0 era began to dissipate as destination sites…