John Donahoe was in Washington, D.C. to receive the National Medal of Technology and Innovation for Advancing Global Entrepreneurship. It must be a huge medal to have all that on it.
eBay is the first internet company to be awarded this honor. It is America's Highest Honor for Technological and Scientific Achievement. It appears eBay earned this medal for the work done up to 2007. I wonder what the medal will be called for the disruptive innovation John Donahoe has pursued since he took the helm as CEO?
"Our technology is at the core of our success," said eBay Inc. President and CEO John Donahoe, who accepted the medal on behalf of the company. "EBay and PayPal together have harnessed technology in the service of people; the result is that millions have transformed their lives for the better -- building businesses, taking care of their families and becoming global entrepreneurs at the same time. That's what true innovation is all about."
Mr. Donahoe accepted the medal on behalf of his company. Upon receiving the medal, he promptly offered to help President Bush with the current financial crisis. President Bush declined, citing Mr. Donahoe's low popularity. Rumor has it Mr. Donahoe then rushed to the U.S. Capitol to help on the bailout bill.
Okay I made that last part up. But it could have happened...
Read more about the medal here: http://tinyurl.com/49dofo
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http://money.cnn.com/video/#/video/news/2008/10/01/news.100108.ebay.cnnmoney
Check out John Donahoe being interviewed by CNN.