There is like a ton of different settings underlying the personalization of the iPad. Un-doing them all would probably take forever. So, changing the iPad owner is not a bad idea at all.
First of all, you might want to back up the device to iCloud before starting as a new user.
Reset your device and when you start up, set it up under the new account.
Also, you can go to Settings > General > About and tap on the column that says "Name".