PayPal has appointed Enrique Lores as president and CEO, effective March 1. Lores, who has served on the PayPal board for nearly five years and as chair since July 2024, succeeds Alex Chriss. CFOO Jamie Miller will serve as interim CEO until Lores assumes the… Read More
Former CEO Dan Schulman has left PayPal’s (NASDAQ: PYPL) Board of Directors. Alex Chriss was announced as his replacement last August. PayPal confirmed this announcement last month. PayPal had officially announced that Dan Schulman will “depart from PayPal Holdings, Inc.’s Board of Directors, effective December 31,… Read More
PayPal Holdings, Inc. (NASDAQ: PYPL) announced the promotion of Archie Deskus to Executive Vice President, Chief Technology Officer (CTO) of PayPal, “effective immediately.” In this role, she will reportedly “oversee PayPal’s global technology, engineering, and information organizations.” In addition to enabling PayPal’s technology strategy, priorities,… Read More
PayPal (NASDAQ:PYPL) has named Alex Chriss as its new Chief Executive Officer following an extended search to replace Dan Schulman. This is according to a report by CNBC. Chriss is currently GM of the Small Business & Self-Employed Group for Intuit which also includes MailChimp…. Read More
Intuit (Nasdaq: INTU), the international tech platform that develops TurboTax, QuickBooks, Mint, and Credit Karma, reveals that it will be acquiring Mailchimp, an established customer engagement and marketing service for SMEs. The planned Mailchimp acquisition for around $12 billion in cash and stock aims to… Read More
Fintech firms Intuit and PayPal have been approved by the Small Business Administration (SBA) to distribute funds, which are part of the US organization’s emergency lending and relief program. The funds are being given to businesses in order to help them sustain their operations, following… Read More
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