Comment on eBay Stock Declines Following Revelation of Outgoing CEO's $23 Million Golden Parachute

eBay Stock Declines Following Revelation of Outgoing CEO's $23 Million Golden Parachute

NEW YORK (TheStreet) -- eBay shares are down 0.7% to $57.13 in trading on Friday after an SEC filing revealed that the online retailer was paying outgoing CEO John Donahoe a $23 million package not to leave the company before it's planned spin off of PayPal. Four of the company's other top executives will also leave the company once the spin off is complete, with a total compensation package for all of the executives reaching as much as $35 million. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months.

 

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