PayPal Holdings Inc.
PayPal Appoints Enrique Lores as New CEO
Summary
PayPal Holdings, Inc. announced on February 3, 2026, that its Board of Directors appointed Enrique Lores as President and Chief Executive Officer, effective March 1, 2026. Lores, previously Chair of the Board and CEO of HP Inc., will succeed Alex Chriss, who resigned as CEO and Board member on February 2, 2026. Jamie Miller, the Company's Chief Financial and Operating Officer, will serve as Interim CEO until Lores assumes the role. The appointment follows a Board evaluation that found the company's pace of change and execution did not meet expectations. Lores brings over 30 years of technology and commercial experience and has a strong track record of leading complex transformations and disciplined execution on a global basis.
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About PayPal Holdings Inc.
PayPal Holdings Inc. is a prominent player in the digital payments industry, providing an essential service that facilitates online and mobile monetary transactions globally. As a leading payment solutions provider, PayPal enables individuals and businesses to send and receive funds with ease and security without sharing financial information with third parties. Its platform supports a variety of payment options, including credit cards, bank accounts, and stored digital balances. PayPal has significantly impacted the e-commerce sector, empowering businesses of all sizes to reach a global customer base. Additionally, it offers tailored financial solutions for merchants, including invoicing and working capital services. Operating in over 200 markets worldwide, PayPal plays a crucial role in the financial ecosystem by promoting digital payment adoption and financial inclusion. With its continuous technological advancements and partnerships with leading retail and tech companies, PayPal remains at the forefront of transforming how people conduct financial transactions in the digital age.
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