Report: Top eBay Exec Meg Whitman Preparing To Retire

Shares of eBay are down after word the company's chief executive is planning on retiring.

According to the Wall Street Journal, Meg Whitman is preparing to retire after a decade at the helm of the online auctioneer.

The paper, citing unidentified people familiar with the matter, is reporting that Whitman has been delegating more daily responsibilities and is working on a plan of succession.

The paper says a decision about her departure could be made within weeks.

A call to eBay seeking comment Tuesday morning was not immediately returned.

At last check, shares of eBay were down more than one percent so far Tuesday morning.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KOLO-TV 4850 Ampere Drive Reno, NV 89502
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 13972227 - kolotv.com/a?a=13972227
Gray Television, Inc.