eBay India appoints Murty as Country Manager

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Agencies

Posted online: Tuesday , March 11, 2008 at 01:07:25
Updated: Tuesday , March 11, 2008 at 01:28:40

Mumbai, March 11: Global internet auction giant eBay named Ambareesh Murty as its new Country Manager for India, replacing Rajan Mehra who is moving out to pursue an entrepreneurial role in venture capital space.

Murty, who has been with eBay for over two years, will assume his new role with effect from today and would lead the entire eBay Portfolio in India, the company said in a statement here.

The top management change at India operations comes within less than two months of a global top-order rejig at eBay Inc. Earlier this year, Meg Whitman resigned as its CEO and was replaced by John Donahoe, when the world's largest Internet auction firm also brought in India-origin former Finance Head Rajiv Dutta to the board.

On January 23, the company announced that Whitman would step down as its President and CEO on March 31. Besides, the company also named Rajiv Dutta, President of its PayPal unit, as Executive Vice President of eBay Inc and President of auction business unit - eBay Marketplaces, which accounts for over 70 per cent of the group's total revenue.

Dutta, an Economics graduate from St Stephen's College in Delhi and MBA from Drucker School of Management in California, is a 10-year eBay veteran and has previously served as the company's Chief Financial Officer and President of Skype, eBay's communications business.

Mehra, the current Country Manager of eBay India, would be transitioning the role to Ambareesh Murty over the next few months and will subsequently be pursuing his entrepreneurial interests in the venture capital industry, the statement said.

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