eBay loses head of local Jack Abraham

FORTUNE -- This afternoon, eBay announced that its head of local, Jack Abraham, is leaving. According to the company, he will retain an advisory role on areas like shopping innovation.

Abraham's departure comes more than two years since his startup Milo was acquired by eBay (EBAY) for $75 million. At the time, the startup developed technology that listed in-store product inventory from retailers like Target (TGT), Macy's (M), and Best Buy (BBY). CEO John Donahoe acquired Milo, both for the technology and Abraham, as part of his mission to rehabilitate the flagging eBay, which was in the midst of a turnaround. (Indeed, Abraham received his fair share of press at the time.) Milo's technology has since been integrated across the company's mobile apps, which have been downloaded over 100 million times by users.

read the rest at link....