Devin Wenig
Devin Wenig | |
|---|---|
 Devin Wenig | |
| Born | Devin Norse Wenig 1966 Flatbush, Brooklyn, New York, US |
| Nationality | American |
| Alma mater | Union College Columbia University School of Law |
| Occupation(s) | CEO, eBay |
| Board member of | eBay (2011-) Reuters (2006-11) |
| Spouse | Cindy Lee Horowitz |
Devin Norse Wenig (born 1966)[2] is an American business executive; the president and CEO of eBay.
Early life
Devin Norse Wenig was born in Flatbush, Brooklyn, New York,[3] the son of Carol Wenig of Dix Hills, Long Island, and Dr. Jeffrey Wenig, a toxicologist, and founder and chief executive of Nastech Pharmaceutical Company of Hauppauge, Long Island.[4]
Wenig holds a BA degree from Union College and a JD degree from Columbia University School of Law.[1]
Career
Aged 23, and following his father's unexpected death, Wenig took over as CEO of then-struggling Nastech Pharmaceutical, raising $5 million in venture capital. After a year, he recruited a professional manager and joined the law firm Cravath Swaine & Moore.[3]
In 1993, Wenig joined Reuters, where he remained until 2011, becoming the company's No. 2 executive.[3] From June 2006 to April 2008, Wenig was COO and a board member of Reuters Group plc. From April 2008 to August 2011, Wenig was CEO of Thomson Reuters Markets, the largest division of Thomson Reuters Inc.[2]
Wenig joined as president of eBay's Global Ebay Marketplaces Business Unit on 6 September 2011.[1] When Wenig joined eBay, it had 99 million active users. During his time as marketplace chief, this rose to nearly 160 million, by focusing on "m-commerce", shopping on mobile devices. [5] In October 2014, it was announced that once the eBay/Paypal demerger was complete, Wenig would become CEO of eBay, replacing John Donahoe.[6] Wenig took over as CEO in July of 2015 after eBay spun off PayPal. [7]
Personal life
On 28 March 1993, Wenig married Cindy Lee Horowitz, a lawyer, and fellow graduate of Columbia University School of Law. Rabbi Jack Bemporad officiated at the Huntington (Long Island) Jewish Center.[4]
References
- ^ a b c "Devin N. Wenig". Businessweek. Retrieved 4 November 2014.
- ^ a b "Devin Wenig". Forbes. Retrieved 4 November 2014.
- ^ a b c "Where is Devin Wenig now?". Crains. Retrieved 4 November 2014.
- ^ a b "WEDDINGS; Cindy Horowitz, Devin Wenig". NYT. 29 March 1993. Retrieved 4 November 2014.
- ^ http://fortune.com/2015/07/19/ebay-independence/
- ^ Bensinger, Greg (3 October 2014). "EBay's PayPal Spin Off to Be Costly in Compensation for Executives". WSJ. Retrieved 4 November 2014.
- ^ http://fortune.com/2015/07/19/ebay-independence/