Popular online auction site eBay announced today that Meg Whitman would be stepping down as President and CEO of eBay on March 31, 2008, though she would remain on the company's board of directors. Whitman, who joined eBay in March 1998, helped it grow from an auction-based trading site with 500,000 registered users, just 30 employees, and $4.7 million in revenue to a company that has hundreds of millions of users worldwide, more than 15,000 employees and nearly $7.7 billion in revenue.
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Meg’s passion for all things eBay changed the world,” said Pierre Omidyar, Founder of eBay and Chairman of the Board. “
With humor, smarts and unflappable determination, Meg took a small, barely known online auction site and helped it become an integral part of our lives. We’re all enormously grateful that Meg dedicated herself to stewarding eBay through its 10 most formative years.”
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