Devin Wenig

Devin N. Wenig
Born 1966/67
Flatbush, Brooklyn, New York
Alma mater Union College and Columbia University School of Law
Occupation president of eBay Marketplaces, CEO-designate of eBay, director of Reuters
Salary $6,677,708 (total compensation, fiscal year 2013)[1]
Spouse(s) Cindy Lee Horowitz

Devin Norse Wenig (born 1966/67)[2] is an American business executive, president of eBay Marketplaces, and CEO-designate of eBay. He is a director of Reuters.

Early life

Devin Norse Wenig was born in Flatbush, Brooklyn, New York,[3] the son of Carol Wenig of Dix Hills, Long Island, and Dr. Jeffrey Wenig, a toxicologist, and founder and chief executive of Nastech Pharmaceutical Company of Hauppauge, Long Island.[4]

Wenig holds a BA degree from Union College and a JD degree from Columbia University School of Law.[1]

Career

Aged 23, and following his father's unexpected death, Wenig took over as CEO of then-struggling Nastech Pharmaceutical, raising $5 million in venture capital. After a year, he recruited a professional manager and joined the law firm Cravath Swaine & Moore.[3]

In 1993, Wenig joined Reuters, where he remained until 2011, becoming the company's No. 2 executive.[3] From June 2006 to April 2008, Wenig was COO and a board member of Reuters Group plc. From April 2008 to August 2011, Wenig was CEO of Thompson Reuters Markets, the largest division of Thomson Reuters Inc.[2]

Wenig has been president of eBay's Global Ebay Marketplaces Business Unit since 6 September 2011.[1] In October 2014, it was announced that once the eBay/Paypal demerger was complete, that Wenig would become CEO of eBay, replacing John Donahoe, the current eBay CEO.[5]

Personal life

On 28 March 1993, Wenig married Cindy Lee Horowitz, a lawyer, and fellow graduate of Columbia University School of Law. Rabbi Jack Bemporad officiated at the Huntington (Long Island) Jewish Center.[4]

References

  1. ↑ 1.0 1.1 1.2 "Devin N. Wenig". Businessweek. Retrieved 4 November 2014.
  2. ↑ 2.0 2.1 "Devin Wenig". Forbes. Retrieved 4 November 2014.
  3. ↑ 3.0 3.1 3.2 "Where is Devin Wenig now?". Crains. Retrieved 4 November 2014.
  4. ↑ 4.0 4.1 "WEDDINGS; Cindy Horowitz, Devin Wenig". NYT. 29 March 1993. Retrieved 4 November 2014.
  5. ↑ Bensinger, Greg (3 October 2014). "EBay’s PayPal Spin Off to Be Costly in Compensation for Executives". WSJ. Retrieved 4 November 2014.