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Auctionbytes-NewsFlash, Number 1836 - July 17, 2008 - ISSN 1539-5065
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eBay Announces Marketplaces Executive Changes
By Ina Steiner
AuctionBytes.com
July 17, 2008
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eBay announced executive changes to its global Marketplaces business. Effective in October, Rajiv Dutta, President, eBay Marketplaces, will retire from the company. With eBay for 10 years, Dutta served as eBay's Chief Financial Officer, then President of Skype and head of PayPal. He successfully led PayPal until earlier this year when he was named President of eBay marketplaces, succeeding Donahoe in that post. In that role, Dutta has focused this year on re-accelerating growth in eBay Marketplaces and developing longer-term growth strategies.
Succeeding Dutta as President, eBay Marketplaces, is Lorrie Norrington, who most recently was President of eBay Marketplaces Operations. She will report to eBay President and CEO John Donahoe. In her most recent role, Norrington was responsible for driving operational performance across eBay's global network of sites. Previously, Norrington was President of eBay International, overseeing all aspects of eBay's international business, which generated $2.8 billion in revenue in 2007, representing 52 percent of total Marketplaces revenue.
Norrington joined eBay three years ago. Prior to eBay International, she was president and CEO of Shopping.com, eBay's online comparison shopping business. She joined Shopping.com in June 2005 after spending four years as COO of Intuit Inc. Before joining Intuit, Norrington spent 20 years at GE in a variety of global roles in the information services, medical systems, industrial systems and financial services businesses. She holds a BS in Business Administration from the University of Maryland and an MBA from the Harvard Business School. She is on the Advisory Board of the Catalyst Group.
With Norrington's promotion, Stephanie Tilenius, General Manager of eBay North America, will assume additional responsibilities for all of eBay North America operations, including some functions that previously reported to Norrington. Tilenius also continues to be responsible for global product management.
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