eBay CEO Devin Wenig Out at eBay, Citing Differences with Board
Reading Time: 1 minute eBay CEO Devin Wenig has stepped down on Wednesday citing differences with eBay’s recently revamped board in the latest fallout from the Elliott Management saga.
“In the past few weeks it became clear that I was not on the same page as my new board. Whenever that happens, it’s best for everyone to turn that page over.”
Devin Wenig in Tweet
Wenig will be replaced in the interim by Scott Schenkel, most recently eBay’s Senior Vice President, Chief Financial Officer while the board seeks a new CEO.
The Company also announced that Andy Cring, eBay’s Vice President, Global Financial Planning and Analysis, has been appointed to serve as interim Chief Financial Officer.
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Richard Meldner
Richard is co-founder of eSeller365. He has over 17 years of experience on eBay which includes tens of thousands of sales to buyers in over 100 countries and even has experience with eBay’s VeRO program enforcing intellectual property rights for a former employer. And for about two years Richard sold products on Amazon using Amazon FBA in the US.
To “relax” from the daily business grind, for a few weekends a year, he also works for IMSA as a professional race official.