PROMOTION: David Marcus, PayPal's vice president of mobile, will be PayPal's next president, effective Monday.
THE VACANCY: He succeeds Scott Thompson, who left in January to become CEO of Yahoo Inc.
CROSSROADS: Marcus' leadership should help PayPal continue to expand its mobile reach. PayPal is also looking to grow beyond online payments to brick-and-mortar stores and everywhere else people shop. It has become the fastest-growing part of its parent company, eBay Inc.
Source & Image : Yahoo
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