NetEase Technology News, September 26 news, according to foreign media reports, online auction and retail service operator eBay CEO Devon
Weinig, 52, has been CEO of eBay for four years. In his Twitter release, he said that in the past few weeks, the differences between him and the company's new board of directors have become prominent, and it's time for him to leave.
Earlier this year, eBay adjusted its board of directors. The company said at the time that eBay was exploring possible options for the fate of its ticketing divisions, StubHub and eBay Classifieds, under pressure from hedge funds Elliott Management Corp and Starboard Value.
EBay faces fierce competition from competitors Amazon and Walmart. Under Winnig's leadership, eBay is committed to online commodity promotion programs and payments, and to simplifying the use of its platform.
The latest results show that eBay outperformed Wall Street analysts'expectations in the last quarter. Efforts to make its platform easier to navigate attracted more users, while its advertising and payment businesses grew.
Ebay said Wyniger's vacant CEO position will be temporarily the company's chief financial officer Scott.
On Wednesday, local time, the company's share price fell 1.9% to $38.79. Since Wernig became CEO, the company's share price has risen by 40%.
Thomas, Chairman of the Board of Directors of eBay
The media quoted sources as saying that the dispute over the sale of eBay Classifices business was the cause of Mr. Weeniger's departure.
In March this year, the company's board of directors put Jesse
EBay also said on Wednesday that the board will start looking for new CEO candidates for the company.
Andy, Vice President of Global Financial Planning and Analysis, eBay
In response to the above information, Elliott Management Corp. and Starboard Value did not respond to requests for media comment. (Tianmen Mountain)<#comment>#comment><#comment>#comment><#comment>#comment>
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