eBay Loses Its Swette Equity
Online auctioneer eBay (EBAY Quote) was dealt a blow Monday as its chief operating officer departed.
Brian Swette, who has been COO since 1999, will step down Jan. 1, the company announced after the close of trading Monday. The San Jose, Calif.-based company won't name a new COO but instead will dole out Swette's duties to several other executives.
Swette's day-to-day responsibilities in marketing, category management and business development will be divided among the following executives: Maynard Webb, president of eBay technologies; Rajiv Dutta, chief financial officer; Jeff Jordan, senior vice president and general manager of eBay U.S.; Matt Bannick, senior vice president and general manager of eBay International; and Bill Cobb, senior vice president of global marketing. ...
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