PayPal Holdings Inc.
PayPal Appoints Former Block CEO Alyssa Henry to Board
Summary
PayPal Holdings, Inc. announced on March 25, 2026, the appointment of Alyssa H. Henry, former CEO of Block Inc.'s Square business, to its Board of Directors, effective immediately. Henry, who brings over three decades of experience in scaling global commerce and payments platforms, will fill a vacancy created by an increase in the Board size from 11 to 12. Simultaneously, Gail J. McGovern, who has served on the Board since 2015, informed the Company that she will not stand for re-election at the 2026 Annual Meeting, leading to a reduction in the Board size to 11 directors. Henry's expertise in software-driven merchant solutions and global platform expansion is expected to be valuable as PayPal continues to advance its growth strategy.
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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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