EBay Names Marcus PayPal Head to Bring ‘Startup Energy’
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EBay Inc., the largest Internet marketplace, promoted David Marcus to president of its PayPal payments business, picking the head of a recently acquired startup to run the company’s fastest-growing unit.
Marcus succeeds Scott Thompson, who became CEO of Yahoo! Inc. in January. He will take the role April 2, shifting from his current position as vice president for mobile, the company said in a statement today.