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Monday, 17 December, 2001, 22:42 GMT
Ebay loses chief operating officer
Online auctioneer eBay has said that is chief operating officer Brian Swette is giving up his duties from 1 January.

"Swette is yielding his COO duties in order to spend more time with his children who live in Florida," the company said in a statement.

Ebay does not plan to find a replacement for Mr Swette and will split his responsibilities between other company executives.

Mr Swette will continue to offer his services as head of corporate development and as a senior advisor to chief executive, Meg Whitman.

The online auctioneer allows surfers to buy and sell goods via its site.

See also:

31 Jul 01 | Business
Ebay sues fellow auction web site
01 May 01 | Business
Amazon loses top spot
20 Jul 01 | Business
Microsoft disappoints markets
19 Apr 01 | Business
eBay results cheer tech sector
19 Jan 01 | Business
eBay profits surge
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