PayPal Announces Executive and Board Changes
Ticker: PYPL · Form: 8-K · Filed: Jun 28, 2024 · CIK: 1633917
| Field | Detail |
|---|---|
| Company | Paypal Holdings, Inc. (PYPL) |
| Form Type | 8-K |
| Filed Date | Jun 28, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, board-of-directors, executive-compensation
Related Tickers: PYPL
TL;DR
PayPal shakes up exec team & board, effective 6/25.
AI Summary
On June 25, 2024, PayPal Holdings, Inc. announced changes in its executive team and board of directors. The company elected new directors and appointed new officers, alongside adjustments to compensatory arrangements for certain executives. These changes are effective as of June 25, 2024.
Why It Matters
Changes in leadership and board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Executive and board changes can introduce uncertainty regarding future strategy and operational direction.
Key Players & Entities
- PayPal Holdings, Inc. (company) — Registrant
- June 25, 2024 (date) — Effective date of changes
FAQ
What specific roles have been affected by these executive and board changes?
The filing indicates changes related to the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' and 'Compensatory Arrangements of Certain Officers,' suggesting shifts in leadership positions and executive compensation structures, though specific names and roles beyond general categories are not detailed in this excerpt.
When were these changes officially reported and effective?
The Form 8-K was filed as of June 28, 2024, and the date of the earliest event reported, marking the effective date of these changes, is June 25, 2024.
What is PayPal's state of incorporation and IRS number?
PayPal Holdings, Inc. is incorporated in Delaware and its IRS Employer Identification Number is 47-2989869.
Where are PayPal's principal executive offices located?
PayPal's principal executive offices are located at 2211 North First Street, San Jose, CA 95131.
Does this filing detail the specific reasons for the departure of any officers or directors?
This excerpt of the filing indicates the departure of directors or certain officers but does not provide specific reasons for these departures.
Filing Stats: 571 words · 2 min read · ~2 pages · Grade level 10 · Accepted 2024-06-28 16:38:40
Key Financial Figures
- $0.0001 — ange on which registered Common stock, $0.0001 par value per share PYPL NASDAQ Global
Filing Documents
- pypl-20240625.htm (8-K) — 21KB
- 0001633917-24-000084.txt ( ) — 141KB
- pypl-20240625.xsd (EX-101.SCH) — 2KB
- pypl-20240625_lab.xml (EX-101.LAB) — 21KB
- pypl-20240625_pre.xml (EX-101.PRE) — 12KB
- pypl-20240625_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PayPal Holdings, Inc. (Registrant) Date: June 28, 2024 /s/ Brian Y. Yamasaki Name: Brian Y. Yamasaki Title: Vice President, Corporate Legal and Secretary