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EBay CEO steps down

EBay Inc. said Devin Wenig will step down as its CEO, president and director, effective immediately.

The e-commerce company's board appointed CFO Scott Schenkel as interim CEO.

Andy Cring, eBay's vice president of global financial planning and analysis, was named interim CFO.

The California-based retailer reaffirmed its full-year 2019 outlook. The company expects non-GAAP EPS in the range of $2.70 to $2.75.

EBay also noted that the company continues to review its portfolio, including its StubHub and eBay Classifieds Group.