"Whitman to Give Up eBay CEO Post"

RENEE MONTAGNE, host:

NPR's business news starts with eBay losing its chief auctioneer.

eBay's CEO is stepping down. Meg Whitman has been at the helm of the online auction giant for the last 10 years. She has guided the company from young startup status to its current position as $7 billion e-commerce colossus.

In the process, she became one of Silicon Valley's most famous CEOs. Her decision to retire at the end of March, at the age of 51, comes as the company faces slower sales growth. Whitman hands the reigns to another eBay executive, John Donahoe.