Meg Whitman, CEO of eBay is stepping down as Chief Executive Officer. She issued an e-mail tonight.
"Many of you know I've said in the past that 10 years was about the right amount of time for any CEO to stay at the helm of a company. Now that I've reached that milestone myself, I still believe this. It's time for eBay, and this community, to have a new leadership team, a new perspective and a new vision. "
She will stay on the board of directors but the new leadership will undoubtedly make changes. Current head of eBay Marketplaces, John Donahoe will succeed her, so there will be a certain continuity while he is settling in.
The one constant with eBay has always been change and usually for the good, so away we go!