---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-206286"
form_type: "8-K"
ticker: "PYPL"
cik: "0001633917"
company_name: "PayPal Holdings, Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T02:08:21.390241+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-23-206286
- form_type: 8-K
- ticker: PYPL
- cik: 0001633917
- company_name: PayPal Holdings, Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1633917/000119312523206286/0001193125-23-206286-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1633917/000119312523206286/d405271d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-206286
- JSON: https://secwatch.observer/filing/0001193125-23-206286.json
- Plain text: https://secwatch.observer/filing/0001193125-23-206286.txt

## Key facts
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1633917/000119312523206286/0001193125-23-206286-index.htm

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