eBay is buying a brand-new CEO.
Monika Skolimowska/Picture Alliance by means of Getty Images
Another day, another executive shakeup. eBay stated Wednesday that Devin Wenig is stepping down as CEO of the e-commerce business. Scott Schenkel, the business’s primary monetary officer, will act as interim CEO while the business looks for its next leader.Â
“As the board conducts a search, we will continue to focus on our strategic plan and product initiatives, while also ensuring a great customer experience and a smooth transition,” Schenkel stated in a declaration.Â
Wenig, who signed up with the business in 2011 as president, likewise took control of as eBay’s CEO in mid-2015 after the business divided with PayPal. In a tweet Wednesday, Wenig stated it has actually ended up being clear over the previous couple of weeks that he and the business’s board weren’t “on the same page.”
“Whenever that happens, its best for everyone to turn that page over. It has been an incredible privilege to lead one of the worlds great businesses for the past 8 years,” he tweeted. “[We] grew, and changed, and contributed to among the most unique neighborhoods on the planet. To the sellers, the customers and the workers, you have actually made a long-lasting impression on me that i wont quickly forget. @ebay is an example of why we should not quit on huge tech business.”
In the previous couple of weeks it ended up being clear that I was not on the very same page as my brand-new Board. Whenever that occurs, its finest for everybody to turn that page over. It has actually been an amazing opportunity to lead among the worlds terrific services for the previous 8 years.
— Devin Wenig (@devinwenig) September 25, 2019
Wenig’s departure from eBay is amongst a number of noteworthy executive shakeups today, consisting of WeWork CEO Adam Neumann and Juul CEO Kevin Burns stepping down from their particular business.Â
