It’s Official - Meg Whitman announces her retirement

After ten years at the helm of what has been called the fastest growing company in history, [tag]Meg Whitman[/tag] has officially announced her retirement to the [tag]eBay Community[/tag] on eBay's Announcements Board. This comes about an hour before announcing earnings for Q4 2007.

As expected, Meg also named her apparent successor as [tag]John Donahoe[/tag], head of [tag]eBay[/tag] Marketplaces. I know a lot of people beat up on Meg for eBay's problems of late, but somehow I think it's going to get rougher before it gets better. Meg really does love eBay. She personally buys and sells on the site. I am not convinced Mr. Donahoe uses the site, nor am I convinced he appreciates the community and what really made eBay what it is (was).

For the full story you can read the official announcement. Comments are most welcome.

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