Report: EBay CEO Whitman preparing to retire
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After ten years at the helm, eBay CEO Meg Whitman is expected to decide on her retirement plans in the coming weeks, according to a report in Tuesday's Wall Street Journal.
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Going... going... Long-serving eBay sultana Meg Whitman is set to hang up her hammer within weeks, it's reported, as the web's number one tat bazaar struggles to restore trust and respond to new challengers.â¦
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EBay Inc warned that 2008 results would fall below Wall Street expectations, sending its stock down more than 5 percent even as it confirmed long-serving Chief Executive Meg Whitman would step aside.
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Jeff Raikes, the president of Microsoft&#39;s Business Division, plans to retire in September, the company said on Thursday.A Microsoft employee since 1981, Raikes oversees a broad stretch of the company&#39;s product line, including its Office, Dynamics, and Exchange software. Microsoft&#39;s Business Division generated about $16 billion in annual revenue last year, or slightly less than a third of the total.&quot;There is no overstating the incredible impact Jeff has had during his amazing career at Microsoft,&quot; CEO Steve Ballmer said in a statement.Raikes will be replaced by Stephen Elop, formerly the COO at Juniper Networks. Elop also did a stint as president of worldwide field operations at Adobe Systems following its acquisition of Macromedia, where he served as president and CEO.Elop will start at Microsoft at the end of this month and take over Raikes&#39; portfolio gradually, starting with the company&#39;s Information Worker, Business Solutions, and Unified Communications businesses.With Raikes set to retire, Bob Muglia, senior vice president of Microsoft&#39;s Server and Tools business, will now report directly to Ballmer, the company said.
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WHITMAN'S DEPARTURE: After a decade as CEO of eBay Inc., Meg Whitman, 51, is stepping down. She'll be replaced by John Donahoe, 47. Whitman came to the online auctioneer after Old Economy experience at Walt Disney Co., Hasbro Inc., Procter & Gamble Co. and Bain & Co., providing steady supervision to what still was a shaky startup.
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By RACHEL KONRAD SAN FRANCISCO - EBay Inc. is expected to announce plans Tuesday to open a new Chinese Web site as part of a joint-venture with a Beijing-based Internet company, signaling a strategic shift in the online auction company's Chinese operations.
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eBay (Quote, Chart) CEO Meg Whitman isn&#39;t interested in filling the top spot at Walt Disney Co. (Quote, Chart) when Michael Eisner retires in 2006, a spokesman for the auction giant told internetnews.
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EBay announced that its Q4 earnings and revenues exceeded Wall Street expectations, confirmed that CEO Meg Whitman plans to retire.
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Chairman of the board retires and cashes out.
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Description: Michael Eisner, the embattled head of the Walt Disney Co., is planning to step down as CEO when his contract expires in the year 2006.
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EBay Inc  warned that results for the current quarter and year would fall below Wall Street expectations, spoiling strong 2007 year-end results and the planned departure of long-serving Chief Executive Meg Whitman.
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- WellPoint Inc.  said Chief Executive Officer Larry Glasscock will retire effective June 1, but will continue to be the board chairman.
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That&#39;s the case with Disney (DIS:NYSE - news - research) CEO Michael Eisner, who reportedly plans to retire in Sept. 2006. The longtime and often embattled boss of the media company plans to step down when
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Walt Disney Co. chief executive Michael D. Eisner announced plans Friday to retire in 2006, ending more than two decades atop what may be the world's best-known entertainment company.
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Beth Axelrod, chief talent officer at WPP and a member of its board, quit last week and is taking the top HR post at San Jose, Calif.-based eBay, a WPP rep confirmed.
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EBay Inc warned that results for  the current quarter and year would fall below Wall Street  expectations, spoiling strong 2007 year-end results and the  planned departure of long-serving Chief Executive Meg Whitman.
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The title of most powerful businesswoman is going, going, gone, to eBay Inc.&#39;s Meg Whitman. The president and chief executive of the auction website surpassed