Shira Ovide, Columnist

EBay’s Next CEO Inherits a Confounding Puzzle

The company has been an e-commerce success but has failed to capitalize on shifting consumer behavior.

It’s not clear a new CEO will have fresh solutions to what EBay should be.

Photographer: Jacob Kepler/Bloomberg
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EBay Inc. has been a resilient internet pioneer and also a confounding one. Now a new leader will have to solve the riddle.

The company announced on Wednesday that Devin Wenig, the chief executive officer since 2015, had stepped down. The company’s chief financial officer, a longtime EBay employee, was named interim CEO while the company hunts for a permanent successor. Ebay shares dipped nearly 2% on the news.