Common stock, $0.0001 par value per share
- Symbol
- PYPL
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 5.02, 7.01, 9.01 · 8-K
PayPal Holdings, Inc.
PYPLNASDAQEQUITYCurrent
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On April 29, 2026, PayPal Holdings, Inc.…
Company context
Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit https://www.paypal.com, https://about.pypl.com/, and https://investor.pypl.com/.
Current securities
Registered securities in this filing
PayPal Holdings, Inc. · 8-K · Filed 2026-04-30
Disclosure sections
Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 29, 2026, PayPal Holdings, Inc. (the “Company”) announced that, effective as of June 2, 2026, Michelle Gill will cease to serve as the EVP, General Manager, Small Business and Financial Services of the Company and Diego Scotti will cease to serve as the EVP, General Manager, Consumer Group of the Company.
In connection with Ms. Gill’s departure, the Company and Ms. Gill entered into a separation and release agreement on April 27, 2026, which provides that Ms. Gill will be eligible to receive the severance payments and benefits applicable upon a termination without cause (and not in connection with a change in control of the Company) under the Company’s Executive Change in Control and Severance Plan.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01. Financial Statements and Exhibits.
On April 29, 2026, the Company issued a press release announcing the departure of Ms. Gill and Mr. Scotti. A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference.
The information in this Item 7.01, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in this Item 7.01, including Exhibit 99.1, shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended.
Filed exhibits (1)
EX-99.1 2 d128781dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Apr 29, 2026 PayPal Announces Strategic Reorganization to Accelerate Growth SAN JOSE, Calif., April 29, 2026 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced a strategic reorganization of its business and executive leadership team to accelerate execution of its long-term growth priorities, streamline decision-making, and drive innovation. As part of the reorganization, PayPal will transition to a simplified three-business operating model: Checkout Solutions & PayPal, Consumer Financial Services & Venmo, and Payment Services & Crypto. The company also announced several leadership appointments: Frank Keller appointed President, Checkout Solutions & PayPal Alexis Sowa appointed interim lead, Consumer Financial Services & Venmo Jeff Pomeroy appointed interim lead, Payment Services & Crypto Antonio Lucio joins PayPal as Chief Marketing & Corporate Affairs Officer Anshu Bhardwaj appointed Chief AI Transformation & Simplification Officer “To accelerate growth and unlock our full potential, we need to recommit to our fundamentals - getting much closer to the consumer, aligning the company …
Open exhibit ↗