Report: eBay’s Whitman to Retire
New York City Meg Whitman, CEO for San Jose, Calif.-based eBay Inc., is preparing to retire and may announce her departure within weeks, according to a report in The Wall Street Journal.
The report, which quoted sources familiar with the situation, said that Whitman recently began delegating more daily responsibilities and was completing succession plans. John Donahoe, president of eBay’s auction business unit, is reportedly the leading candidate to succeed Whitman, the report said. eBay did not comment on the matter.
Whitman, one of the country’s most high-profile executives, joined eBay 10 years ago. At that time, she said no chief executive should stay in their position for more than a decade for the benefit of the executive and the company.
Despite the company’s slower growth recently, eBay has grown into one of the Internet’s most visited sites under Whitman’s leadership.
eBay will announce fourth-quarter results on Wednesday.
Safeway to reward healthy workers
Pleasanton, Calif. Safeway reportedly is offering health insurance discounts to employees who participate in a program that tracks their food buying habits.
The company, according to reports, said it would reward those workers who demonstrate that they live a healthy lifestyle with lower premiums.
The Safeway plan will be connected to the company’s online FoodFlex service, which launched in November as a way to encourage healthy shopping, according to reports. Participating customers provide details on their family’s health and lifestyle and are given nutritional analysis of their store purchases, delivered through their Safeway card.
Penneys partners with green expert Seo
NEW YORK JCPenney is partnering with green lifestyle expert Danny Seo, who will help the retailer determine which of its private brands are eco-friendly.
Seo announced in his blog last week that he had been working with JCPenney as its Green Living Partner to assist the retailer in its designation of green products. Beginning in March, customers will find products marked as eco-friendly at JCPenney stores and at jcp.com.
Seo has come to be regarded as an expert on environmental living. He has written several books on how to live a green life without sacrificing style including Conscious Style Home.