Last week, the Internet auction site eBay has announced a restructuring in which the payment system PayPal will be allocated a separate company. In anticipation of this event, the company lured from Apple vice president of international e-commerce Bor Chang.
Bora Chung came to Apple in 2010. In a California corporation is responsible for the system of international payments and work online store Apple Store. Prior to this, Chang worked for four years as a senior PayPal head of payments.
It is assumed that Bohr Chang hired a former eBay head of e-commerce Apple Ar Jay Pittman, who left the company a few years ago. Pittman headed in eBay team engaged in the development of the market and product policy online store, and reports directly to the President of the Internet company Devin Wenig. In Apple Pittman was responsible for the online sales sector, and before that he served as product manager at Google.
It is known that the reorganization within the department of eBay PayPal payment system will entail the dismissal of 7% State eBay, representing 2,400 employees. At the head of the new company will rise Dan Schulman, responsible for business development at American Express.
Top-manager of eBay and former Apple employee Ar Jay Pittman (right) lured vitsen president of Apple Bor Chang (left)
Note that even in the autumn of last year the Board of Directors decided that the co-administration units eBay and PayPal after 2015 will be a negative impact on each of them in terms of strategy development and competitiveness. This was announced by President and CEO John Donahoe.