LivingSocial has hired eBay’s Gautam Thaker as its new CEO, replacing co-founder Tim O’Shaughnessy as the once fast-growing deals company attempts to create a new plan for growth. Thaker most recently was general manager of eBay advertising and CEO of eBay’s Shopping.com site. Thaker will also replace O’Shaughnessy as a director on LivingSocial’s board.
