Cha Cha Changes...

A story that received far too little attention today was the fact that Jeff Jordan walked away from eBa -- err PayPal --err one big online marketing company today. Jordan was with eBay since 1999 and recently was given the task as President of the PayPal unit.

There is rampant speculation as to why Jordan is leaving. Could he not handle the heat from Google's new payment/checkout feature (along those lines, great story today from AuctionBytes about how eBay won't allow sellers to use Google Checkout)? Is he really leaving to spend "more time with his family." Jordan was speculated to have be CEO-in-training for the time when Meg Whitman decides to call it today.

ex-CFO Rajiv Dutta takes over for Jordan at PayPal (interestingly, after only 2 months as president at lackluster Skype).

After approximately one week of having a legitimate threat to it's (cough, cough monopolistic) online payment system, two words describe how eBay is taking it's new-found competition: not well.