The company also delivered strong guidance for the current quarter and fiscal year.
While the e-commerce company is still reviewing the value of StubHub and its Classifieds business, eBay's finalized operating review resulted in a three-year plan to improve margins.
McDermott will replace John Donahoe, who is stepping down from his role leading ServiceNow to become the CEO of Nike.
Many of Microsoft's product lines fared well in the first quarter as the commercial cloud continued to gain momentum.
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