Members Login
    Remember Me  
Post Info TOPIC: Donahoe makes the list of "5 CEOs Who Should Be Fired This Year"

Top Poster

Status: Offline
Posts: 3757
Donahoe makes the list of "5 CEOs Who Should Be Fired This Year"

snippet from seeking alpha finance blog:

eBay Inc. (EBAY): John Donahoe began working for eBay in 2005 as president of eBay Marketplaces.Since taking the role of CEO in March 2008, the stock has at times barely managed to stay above $10 a share.Needless to say, this is a far cry from its split-adjusted highs of $60 a share earlier in the decade.Recent performance has been better with shares now trading above $30, but many eBay sellers are griping about recent changes made to the auction part of its business.One concern has come in regards to the penalties that are sometimes incurred by sellers.Other sellers believe that they are virtually being forced to accept PayPal payments against their will (eBay owns PayPal).

With only approximately 25% of eBay's revenue coming from its auction website now, many eBay users feel that the company has lost its focus.In fact, this is why eBay remains a strong company despite Donahoe's questionable leadership - the company owns so many other websites that are doing very well.eBay owns at least some of each of the following companies: PayPal,, Gumtree, Craigslist,, Skype, StubHub, and GSI Commerce; see here for the complete list.These holdings have helped eBay to diversify while still retaining a focus on e-commerce.Reports have also shown that eBay's companies had strong sales in June.So while many long-time eBay users are calling for Donahoe to step down, it is quite clear that the company is doing fine.Additionally, look for eBay's ownership of PayPal to be enormously profitable in years to come.


Exposing the sleazery of ebaY and PayPal


Page 1 of 1  sorted by
Quick Reply

Please log in to post quick replies.

Tweet this page Post to Digg Post to

Create your own FREE Forum
Report Abuse
Powered by ActiveBoard