{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-212353","form_type":"8-K","ticker":"PYPL","cik":"0001633917","company_name":"PayPal Holdings, Inc.","filed_at":"2023-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.627266+00:00","generated_at":"2026-06-11T11:23:41.338461+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"PayPal names Intuit exec Alex Chriss as CEO, effective Sept 27, 2023","bullets":["Alex Chriss, former Intuit SVP & GM of Small Business, appointed President & CEO, effective Sept 27, 2023; also joins Board.","Dan Schulman resigns as CEO on Sept 27 but remains on Board until May 2024 annual meeting.","Compensation: $1.25M base salary, 200% target bonus, plus equity grants totaling ~$43.75M in RSUs and PBRSUs.","Chriss led Intuit's $12B Mailchimp acquisition and grew Small Business revenue 23% CAGR over 5 years.","Board search committee unanimously supports Chriss; process was thorough and months-long."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-212353","json":"https://secwatch.observer/filing/0001193125-23-212353.json","markdown":"https://secwatch.observer/filing/0001193125-23-212353.md","text":"https://secwatch.observer/filing/0001193125-23-212353.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1633917/000119312523212353/0001193125-23-212353-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1633917/000119312523212353/d475247d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T11:23:41.338461+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4756a13487","claim":"Alex Chriss was appointed as Director at PayPal Holdings, Inc..","evidence_excerpt":"Mr. Chriss was also appointed as a member of the Board, effective as of the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1633917/000119312523212353/0001193125-23-212353-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"dd4264ed94","claim":"Alex Chriss was appointed as President and Chief Executive Officer at PayPal Holdings, Inc..","evidence_excerpt":"appointed Alex Chriss as President and Chief Executive Officer of the Company (“CEO”), effective as of September 27, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1633917/000119312523212353/0001193125-23-212353-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}