Project
PayPal
PayPal is an American financial technology company that runs an online payments system in most countries that support online money transfers.
Description sourced from
- Wikipedia
“PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers”
Named in 7 pieces
CEO Changes
PayPal Appoints HP's Enrique Lores as CEO
PayPal's board named former HP chief executive Enrique Lores as its next president and CEO on February 3, 2026, replacing Alex Chriss effective March 1, 2026, after citing slow execution.
Executive Hires
Stellar Names José Fernández da Ponte President
The Stellar Development Foundation named José Fernández da Ponte, PayPal's former blockchain lead, president and chief growth officer on July 16, 2025, CoinDesk and the foundation's own blog both reported that day.
Layoffs
PayPal Cuts 9 Percent of Its Global Workforce
PayPal CEO Alex Chriss told employees on January 30, 2024, that the company would cut about 9 percent of its global workforce, a cut PYMNTS put at roughly 2,500 positions.
CEO Changes
PayPal Names Intuit's Alex Chriss as Next CEO
PayPal's board announced on August 14, 2023, that it had appointed Intuit executive Alex Chriss as president and CEO, effective September 27, 2023, succeeding retiring CEO Dan Schulman.
CEO Changes
PayPal CEO Dan Schulman to Retire at Year-End
PayPal announced on February 9, 2023, that President and CEO Dan Schulman would retire on December 31, 2023, after eight and a half years leading the company since its split from eBay.
Exits and Removals
PayPal CFO John Rainey Departs for Walmart
PayPal announced on April 12, 2022, that Chief Financial Officer John Rainey would leave after almost seven years to become Walmart's next CFO, starting June 6, 2022, according to CFO Dive.
Exits and Removals
PayPal COO Bill Ready to Leave at Year's End
PayPal announced on June 20, 2019, that Chief Operating Officer Bill Ready would transition out of the company by the end of the year, closing a six-year run that began with PayPal's 800 million dollar purchase of his startup Braintree.