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March 29, 2012 05:16 pm GMT
After former president Scott Thompson departed for the CEO role at Yahoo, PayPal has named David Marcus, the former CEO and founder of mobile payments startup Zong and PayPal Mobile VP, as President (PayPal acquired Zong last year for $240 million). eBay CEO and acting PayPal president John Donahoe posted the news this morning in a blog post. From PayPal's blog post: [Marcus is] going to lead PayPal with that founders perspective, to bring start-up energy to PayPals unmatched global reach and digital payment capabilities. With David at the helm, we will have an even deeper commitment at PayPal, and across eBay Inc., to be a leading technology-driven and customer-focused product innovation company. Well continue to focus on accelerating product innovation, driving consumer engagement and creating a world where paying anytime, anywhere and any way is synonymous with PayPal.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/OR4qRL-mitw/
Former Zong CEO And Founder And Mobile VP David Marcus Named President Of eBays PayPal
After former president Scott Thompson departed for the CEO role at Yahoo, PayPal has named David Marcus, the former CEO and founder of mobile payments startup Zong and PayPal Mobile VP, as President (PayPal acquired Zong last year for $240 million). eBay CEO and acting PayPal president John Donahoe posted the news this morning in a blog post. From PayPal's blog post: [Marcus is] going to lead PayPal with that founders perspective, to bring start-up energy to PayPals unmatched global reach and digital payment capabilities. With David at the helm, we will have an even deeper commitment at PayPal, and across eBay Inc., to be a leading technology-driven and customer-focused product innovation company. Well continue to focus on accelerating product innovation, driving consumer engagement and creating a world where paying anytime, anywhere and any way is synonymous with PayPal.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/OR4qRL-mitw/
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