Saturday, July 08, 2006

Senior eBay Executive Steps Down

Josephine Roque - All Headline News Staff Writer
(AHN) - Senior eBay figure, Jeff Jordan is scheduled to leave the company in autumn. He had led eBay's core US business between 2000 and 2004 and the company's online payments business PayPal since 2004. The void left by Jordan will prompt a management restructuring.

Of late, eBay will face stiffer competition as search giant Google recently released its own online payments firm.

There is escalating rivalry amongst the two like eBay customers unable to use the new Google service.

Jordan's position at PayPal will be filled by Rajiv Dutta, eBay's former chief financial officer and head of strategy.

"Jeff Jordan has had a long and successful career at PayPal and eBay, building two of the most powerful e-commerce and payment brands on the internet," Whitman told BBC.

source : http://www.allheadlinenews.com/articles/7004153236

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