Whitman resigns from P&G’s board of directors

CINCINNATI Former eBay CEO Margaret Whitman has resigned from Procter & Gamble’s board of directors, according to a filing with the Securities and Exchange Commission.

In addition to resigning from P&G’s board, Whitman also stepped down from the boards of eBay and DreamWorks Animation SKG on Dec. 31.

The move has sparked widespread speculation that Whitman is gearing up for a run for governor of California. According to published reports, a person close to Whitman said she had to decide whether or not to run for governor over the holidays and the board resignations were intended to clear the deck and are a clear indication of her intention.