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eBay CEO Shocked at Departure of PayPal President
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elgato



Joined: 24 Feb 2005
Posts: 17240
Location: Texas
Posted: Thu Jan 05, 2012 10:48 am    Post subject: eBay CEO Shocked at Departure of PayPal President  
eBay Inc. CEO John Donahoe sent a note to PayPal employees on Wednesday informing them that PayPal President Scott Thompson was leaving to become Yahoo's new CEO, effective immediately. "Scott informed me Tuesday afternoon, saying that despite his passion for PayPal, this was an opportunity he felt he had to take. I know I speak for everyone in wishing Scott the best."

Donahoe said that he was shocked by Thompson's decision - last year, Donahoe told analysts that PayPal would become bigger than eBay as early as 2 years from now.

http://www.auctionbytes.com/cab/abn/y12/m01/i05/s02
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skylinerlw



Joined: 28 Dec 2009
Posts: 13
Posted: Sat Jan 07, 2012 8:19 pm    Post subject: Re: eBay CEO Shocked at Departure of PayPal President  
Obviously the Best Match option didn't work out very well for John Donahoe when he was searching for a company president.
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