PayPal To Be Led By AmEx Exec Dan Schulman, Devin Wenig To Become CEO Of eBay Inc.

See the original posting on TechCrunch

ebay-earnings So much for rebuffing Carl Ichan and his calls to split the company: eBay today announced that it would split itself into two separate, publicly traded businesses, with an ex-American Express executive, Dan Schulman, heading up the new PayPal, and an eBay veteran, Devin Wenig, running the remaining eBay portal.
The two new companies will continue to maintain a relationship through… Read More