eBay (EBAY -3.5%) CEO John Donahoe will manage PayPal on an interim basis following the...

|About: eBay Inc. (EBAY)|By:, SA News Editor

eBay (EBAY -3.5%) CEO John Donahoe will manage PayPal on an interim basis following the departure to Yahoo of Scott Thompson. "PayPal had an outstanding 2011 and a strong close to the fourth quarter," Donahoe writes. It "has an enormous opportunity in front of it and we will not slow down."