Dutta began his career with a 10-year run at Bio-Rad Laboratories, after which he spent a short time with chip-maker KLA-Tencor. He then would join eBay (EBAY) as its finance director in 1998, just before the online auction company went public. Dutta later served in a variety of executive positions at eBay, including as chief financial officer and president of acquired company Skype and PayPal.
He later would serve as eBay’s executive vice president and president of Marketplaces, before leaving in November 2009 to join private equity firm Elevation Partners as a managing director. In an interview with peHUB at the time, Dutta said:
Dutta quickly took a board seat with Elevation portfolio company Palm (later acquired by HP), but was hamstrung by the firm’s inability so far to raise a new fund. Just last week, this space wrote that Elevation’s future could be gauged by whether Dutta and another recent hire chose to stay on board.
Elevation co-founder Fred Anderson has issued the following statement:
There is no word yet on funeral or memorial service plans, but we will provide them if made publicly available.
UPDATE: A public memorial service will be held Friday, February 11. It is being hosted on the PayPal campus at 2211 North First St. in San Jose, as 3pm ET.