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Old 12-28-2008, 07:58 AM
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Default Gosh, no one saw this coming

Posted By: Robert Klevens

John Donahoe (born 1960) became President and CEO of eBay Inc. on March 31, 2008, succeeding Meg Whitman, who stepped down from the role after 10 years, and who continues to serve on the company's Board of Directors.

As President and CEO, Donahoe has global responsibility for growing each of the company's business units, which include eBay Marketplaces, PayPal and Skype.

Donahoe came to eBay in February 2005 as President of eBay Marketplaces, responsible for all elements of eBay's global ecommerce businesses. In this role, he focused on expanding eBay's core business, which accounts for a large percentage of the company's revenues. Donahoe also oversaw a number of strategic acquisitions, including Shopping.com and StubHub, and classifieds sites, such as Gumtree and LoQUo.

During the three years he served as President of Marketplaces, revenues and profits for this division doubled.

Prior to eBay, Donahoe spent more than 20 years at Bain & Company, a worldwide consulting firm based in Boston. Starting as an associate consultant, he rose to become the firm's CEO, where he oversaw Bain's 30 offices and 3,000 employees. He is a member of the The Church of Jesus Christ of Latter-day Saints (Mormon Church), and is a cousin of Mormon Tabernacle Choir director Mack Wilberg.

In addition to serving on eBay's Inc.'s Board of Directors, he is also on the Board of Trustees of Dartmouth College.

Donahoe received a Bachelor of Arts in Economics from Dartmouth College and an MBA from the Stanford Graduate School of Business.

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