EBay Names New President For Its PayPal Company

EBay (

) named David Marcus as president of PayPal, following the departure of Scott Thompson who left to become CEO of Yahoo (

) in January. Marcus has been leading PayPal's growing mobile payments business and has driven important mobile product innovations, the company said. EBay Chief Executive John Donahoe, in a statement, said Marcus "is a successful technology entrepreneur with a passion for great products. David leads with a