PayPal EVP Chief Strategy Officer Jonathan Auerbach to depart June 1, 2024; advisor role starting Jan 1, 2024

PayPal Holdings, Inc.

Auerbach will cease as EVP Chief Strategy, Growth and Data Officer on Dec 31, 2023.
He will remain as advisor through June 1, 2024; compensation unchanged during advisory period.
Departure is not due to any dispute or disagreement with the company.
Auerbach qualifies for severance, health benefits, and equity vesting under the company's Severance Plan.
Separation agreement signed Aug 4, 2023; includes release of claims and restrictive covenants.

item 5.02

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Departed

Jonathan Auerbach

Executive Vice President, Chief Strategy, Growth and Data Officer

PYPL · PayPal Holdings, Inc.

Effective: 2024-06-01
Filed: August 8, 2023, 7:59 PM ET

On August 8, 2023, PayPal Holdings, Inc. (the “Company”) announced that Jonathan Auerbach, Executive Vice President, Chief Strategy, Growth and Data Officer, will depart from the Company on June 1, 2024.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Jonathan Auerbach departed as Executive Vice President, Chief Strategy, Growth and Data Officer at PayPal Holdings, Inc..

Action: will depart
Role: Executive Vice President, Chief Strategy, Growth and Data Officer

Exact text from the filing

On August 8, 2023, PayPal Holdings, Inc. (the “Company”) announced that Jonathan Auerbach, Executive Vice President, Chief Strategy, Growth and Data Officer, will depart from the Company on June 1, 2024.

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Source: SEC EDGAR

accession 0001193125-23-206286

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