PayPal appoints new CEO

Alex Chriss has been appointed President and CEO of PayPal.

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PayPal appoints new CEO © The Strategist

The firm announced that Alex Chriss has been named President and CEO of PayPal, effective September 27, 2023.

“PayPal Holdings today announced that Alex Chriss, a senior executive at Intuit, has been appointed president and CEO, effective as of September 27, 2023. As of that time, Chriss will also join the board of directors,” according to the release.

Chriss will replace Dan Schulman, who was overseeing the business for eight years. Schulman will stay on the board of directors until the May 2024 annual general meeting.

source: bloomberg.com

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