PayPal introduces new Chief Executive Officer
PayPal introduces new Chief Executive Officer
PayPal Holdings announced that its Board of Directors has appointed Intuit executive Alex Chriss as President and Chief Executive Officer, and he will also join the company's Board of Directors.
Chriss will assume his duties on September 27, 2023. Chriss is currently a member of Intuit's executive leadership team, leading a global organization of thousands of employees that provides access to applications for millions of users. The businesses he has overseen and led at Intuit have become the best in the market for customer development.
The appointment follows a rigorous CEO search process conducted by the Board of Directors over the past several months, PayPal said.
Chriss received the unanimous support of the Board and its CEO search committee after a thorough review of his key accomplishments and qualities critical to PayPal's future success.
Mr. Chriss received the unanimous support of the Board and its CEO search committee after a thorough review of his key accomplishments and qualities critical to PayPal's future success.
Alex joined Intuit 19 years ago. From 2017 to 2019, he served as Chief Product Officer for the Small Business Group. He was also involved in the creation and development of Intuit's partner and developer platform.
"With his depth of experience in product development, his passion for serving customers, his longstanding commitment to empowering and enabling small businesses, and his proven track record of developing and inspiring his team, Alex is the perfect leader to take PayPal forward and accelerate the company's growth opportunities," said John Donahoe, Chairman of PayPal's Board of Directors.
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