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| Version 1 | Version 2 |
|---|---|
| EBay chief executive has resigned | EBay chief executive has resigned |
| (10 minutes later) | |
| Meg Whitman, the chief executive of auction website eBay has resigned after a decade at the helm. | |
| She will step down on 31 March and will be replaced by John Donahoe, who is currently in charge of the firm's main auction business, eBay said. | She will step down on 31 March and will be replaced by John Donahoe, who is currently in charge of the firm's main auction business, eBay said. |
| The news came as the US firm posted a market-beating 53% rise in profit for the three months to December. | |
| Ms Whitman has been lauded for turning eBay into a powerhouse in e-commerce. she will remain a director at the firm. | |
| There had been speculation about her departure earlier this week so it did not come as a shock, while it was also known that Mr Donahoe was being groomed to take over the top job. | |
| One analyst, Martin Pykkonen at Global Crown Capital, called the appointment "no big surprise". | |
| "It's more a question of what he's going to do... about fundamentally regenerating their revenue growth rate with sustainable margins," he said. |