Devin Wenig news and trends

eBay’s Rough Earnings Ride
Earnings // October 19, 2017

It wasn’t exactly an inspiring earnings report for eBay in the third financial quarter of 2017, and investors made their displeasure known by docking eBay’s stock price 6 percent in after-hours trading. The report wasn’t a train wreck — by most accounts it was more or...

Should Facebook Buy eBay?
Facebook // August 21, 2017

People talk a lot about the tech giants that got their start in garages. Larry Page and Sergey Brin started the GOOG in friend Susan Wojcicki’s garage in 1998. Jeff Bezos started Amazon in his Bellevue garage in 1994. And perhaps the most famous garage...

How Wenig Pitched eBay At eBay’s Seller Summit
Merchant Innovation // September 14, 2015

EBay’s CEO Devin Wenig announced a range of new seller-directed initiatives at the company’s 2015 Seller Summit held in San Jose, CA. Marking the 20th anniversary of the company, Wenig announced a new seller hub for merchants, which is capable of providing timely product performance reports...

The PayPal Split Is Like A Great Painting: Everybody Sees Something Different In It
Controversial // October 01, 2014

The PayPal/EBay separation is a story of contradictions. eBay says that the fast pace of the payments space—and the huge recent changes (Apple Pay and Alibaba’s IPO)—require a move right away: So they’re saying that they will separate by the end of 2015. The eBay...

Quick Reads
eBay CEO Devin Wenig Steps Down As Asset Review Continues

September 25, 2019
On Wednesday (Sept. 25), eBay announced that CEO and President Devin Wenig has stepped down, The Wall Street Journal reported. CFO Scott Schenkel will step in as interim CEO, and Vice President of Global Financial Planning and Analysis Andy Cring will serve as interim CFO. Wenig served as eBay’s CEO for about four years and […]

How Wenig Pitched eBay At eBay’s Seller Summit

September 14, 2015
EBay’s CEO Devin Wenig announced a range of new seller-directed initiatives at the company’s 2015 Seller Summit held in San Jose, CA. Marking the 20th anniversary of the company, Wenig announced...