---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-102973"
form_type: "8-K"
ticker: "PYPL"
cik: "0001633917"
company_name: "PayPal Holdings, Inc."
filed_at: "2022-04-12T23:59:59+00:00"
generated_at: "2026-06-26T07:58:17.531322+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PayPal CFO John Rainey resigns to join Walmart; interim CFO appointed

## Summary
- CFO John Rainey resigns effective late May 2022 to become CFO of Walmart Inc.
- Gabrielle Rabinovitch (SVP, Corporate Finance & IR) named interim CFO upon Rainey's departure.
- Board of Directors launches formal search to identify permanent CFO replacement.

## SEC filing metadata
- accession: 0001193125-22-102973
- form_type: 8-K
- ticker: PYPL
- cik: 0001633917
- company_name: PayPal Holdings, Inc.
- filed_at: 2022-04-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1633917/000119312522102973/0001193125-22-102973-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1633917/000119312522102973/d323910d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-102973
- JSON: https://secwatch.observer/filing/0001193125-22-102973.json
- Plain text: https://secwatch.observer/filing/0001193125-22-102973.txt

## Key facts
- Executive change
  John D. Rainey resigned as Chief Financial Officer and Executive Vice President, Global Customer Operations at PayPal Holdings, Inc..
  - Action: resigned
  - Role: Chief Financial Officer and Executive Vice President, Global Customer Operations
  source text: On April 6, 2022, John D. Rainey notified PayPal Holdings, Inc. (the “Company”) of his decision to resign as Chief Financial Officer and Executive Vice President, Global Customer Operations.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1633917/000119312522102973/0001193125-22-102973-index.htm
- Executive change
  Gabrielle Rabinovitch was appointed as interim Chief Financial Officer at PayPal Holdings, Inc..
  - Action: appointed
  - Role: interim Chief Financial Officer
  source text: On April 10, 2022, Gabrielle Rabinovitch was appointed to serve as the Company’s interim Chief Financial Officer, effective immediately upon Mr. Rainey’s departure.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1633917/000119312522102973/0001193125-22-102973-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.