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eBay names new PayPal president
SAN JOSE, Calif. — eBay has named David Marcus president of its PayPal online payment provider division, effective April 2. A member of PayPal's executive management team, Marcus, has been leading PayPal's rapidly growing mobile payments business and has driven important mobile product innovations. Reporting to eBay president and CEO John Donahoe, Marcus succeeds Scott Thompson, who left the company in January.