Devin Wenig
Devin Norse Wenig (born 1966)[2] is an American business executive, currently the president and CEO of eBay.
Devin Wenig | |
---|---|
Devin Wenig | |
Born | Devin Norse Wenig 1966 (age 57–58) Flatbush, Brooklyn, New York, US |
Nationality | American |
Alma mater | Union College (B.A.) Columbia Law School (J.D.) |
Occupation | CEO, eBay |
Salary | $14,509,427 (total compensation, 2015)[1] |
Board member of | General Motors (2018-) eBay (2011–) Reuters (2006–11) |
Spouse(s) | Cindy Lee Horowitz |
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
- ↑ 1.0 1.1 1.2 "Devin N. Wenig". Businessweek. Retrieved 4 November 2014.
- ↑ 2.0 2.1 "Devin Wenig". Forbes. Retrieved 4 November 2014.
- ↑ 3.0 3.1 3.2 "Where is Devin Wenig now?". Crains. Retrieved 4 November 2014.
- ↑ 4.0 4.1 "WEDDINGS; Cindy Horowitz, Devin Wenig". NYT. 29 March 1993. Retrieved 4 November 2014.
- ↑ 5.0 5.1 "For eBay, a new chapter begins". Fortune.com. Retrieved 1 August 2017.
- ↑ Bensinger, Greg (3 October 2014). "EBay's PayPal Spin Off to Be Costly in Compensation for Executives". WSJ. Retrieved 4 November 2014.
- ↑ "eBay CEO Devin Wenig Elected to GM Board of Directors". GM Corporate News Room. Retrieved 19 April 2018.
- Infobox person using alma mater
- 1966 births
- American corporate directors
- EBay employees
- Living people
- Union College (New York) alumni
- Columbia Law School alumni
- People from Flatbush, Brooklyn
- Businesspeople from New York (state)
- New York (state) lawyers
- Year of birth uncertain
- Directors of eBay
- American Jews
- Cravath, Swaine & Moore people
- American chief executives
- American chief operating officers