PayPal appoints Enrique Lores as President & CEO effective Mar 1, 2026; Alex Chriss resigned as CEO &…
Filed with the SEC on · Summarized by InvestorsBot
PayPal appoints Enrique Lores as President & CEO effective Mar 1, 2026; Alex Chriss resigned as CEO & board member Feb 2, 2026. Jamie Miller named Interim CEO until Mar 1. David Dorman appointed Board Chair effective Feb 2. $PYPL 🧑💼🔁 #PayPal #Leadership
Lores comp: $1.45M base, 200% target bonus. Equity: $20M make‑whole RSUs (3‑yr ratable); 2026 RSUs & PSUs $16.5M each; $11M 2027 RSUs (staggered vesting); one‑time PSUs $25M target (3–5yr stock‑price vest, 250% max). $PYPL 💰📈 #Compensation #ExecPay
Alex Chriss will receive severance per PayPal’s Executive Severance Plan and remain a non‑officer employee through Mar 2, 2026. Jamie Miller (CFO/COO) gets $3M retention: 67% vests 2/2/27, 33% vests 2/2/28. $PYPL 📝🔁 #Governance #Retention