Devin Wenig

From Wiki.Agency
Jump to: navigation, search
Devin Wenig
Dwenig.jpg
Devin Wenig
BornDevin Norse Wenig
1966 (age 57–58)
Flatbush, Brooklyn, New York, US
NationalityAmerican
Alma materUnion College (B.A.)
Columbia Law School (J.D.)
OccupationCEO, eBay
Salary$14,509,427 (total compensation, 2015)[1]
Board member ofGeneral Motors (2018-)
eBay (2011–)
Reuters (2006–11)
Spouse(s)Cindy Lee Horowitz

Devin Norse Wenig (born 1966)[2] is an American business executive, currently 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 2015 after eBay spun off PayPal.[5] In April 2018, he was elected to the General Motors' Board of Directors. [7]

Personal life

On 28 March 1993, Wenig married Cindy Lee Horowitz, a lawyer, and fellow graduate of Columbia University School of Law in a Jewish ceremony at the Huntington (Long Island) Jewish Center.[4]

References

  1. 1.0 1.1 1.2 "Devin N. Wenig". Businessweek. Retrieved 4 November 2014.
  2. 2.0 2.1 "Devin Wenig". Forbes. Retrieved 4 November 2014.
  3. 3.0 3.1 3.2 "Where is Devin Wenig now?". Crains. Retrieved 4 November 2014.
  4. 4.0 4.1 "WEDDINGS; Cindy Horowitz, Devin Wenig". NYT. 29 March 1993. Retrieved 4 November 2014.
  5. 5.0 5.1 "For eBay, a new chapter begins". Fortune.com. Retrieved 1 August 2017.
  6. Bensinger, Greg (3 October 2014). "EBay's PayPal Spin Off to Be Costly in Compensation for Executives". WSJ. Retrieved 4 November 2014.
  7. "eBay CEO Devin Wenig Elected to GM Board of Directors". GM Corporate News Room. Retrieved 19 April 2018.