All right you guys – prepare for some big upcoming news….

• eBay will be reporting the earnings for Q4-2007 later today
• we are expecting to see a fee increase arrive along with it
• And, as we have known for quite awhile, Meg Whitman will be stepping down as CEO of eBay and you will be seeing John Donahoe taking over the helm.  This announcement could come this week, but is expected to be made in the coming weeks.  Donahoe, President of eBay’s Marketplaces division, has been ‘groomed’ for the past 2 years to take over the incredible responsibilities that Whitman has done with amazing balance to the eBay community and her shareholders for the past 10 years.  Look for Whitman in her ‘retirement’ to take a more active role in the campaigning of Romney for President.

Additional details will follow later on – just wanted to give you a head up.

AND, for the record…I am very impressed with how Whitman steered eBay during this incredible growth phase.  I would not want a job where I had to walk the tiniest of tightropes of making my shareholders happy, buyers happy, sellers happy AND the people who hired me happy – lol.  I am incredibly excited to see where Donahoe now takes eBay into it’s next phase. 

Donahoe is know at eBay for working incredibly long hours, having a better understanding of what entrepreneurial sellers go through, and is dedicated to shaking things up at eBay.  He has already caused a few tremors with the employees at eBay by weaning them off ALL land-lined phones and making them switch entirely to Skype communications, changing cubicles to make face-to-face communications better and being the lead on the Stub Hub acquisition.  Not to mention, that at 6’5”, he’ll be easy to spot at eBay Live!

Tags: Success Announcements //