EBay hires dot-com veteran from EDS as CFO
EBay Inc. on Tuesday named Electronic Data Systems Corp. Chief Financial Officer Bob Swan, a dot-com refugee who was once a top executive at bankrupt online grocer Webvan, as CFO.
Swan replaces Rajiv Dutta, who is moving to Europe to become president of Skype, eBays recently acquired Web phone-calling business.
Swan takes over as CFO at the San Jose, California-based company on March 16.
Near the peak of the dot-com frenzy in October 1999, Swan joined Webvan, where he was chief financial officer, chief operating officer and chief executive for about 18 months. Webvan filed for bankruptcy protection in mid-2001.
Goldman Sachs analyst Anthony Noto said in a note to clients that Swan was an excellent choice crediting him as the chief architect of a recent turnaround at Electronic Data Systems Corp. and for solid leadership at Webvan.
Read more cortesy of reuters
