---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-004471"
form_type: "8-K"
ticker: "PYPL"
cik: "0001633917"
company_name: "PayPal Holdings, Inc."
filed_at: "2024-01-08T23:59:59+00:00"
generated_at: "2026-06-07T02:20:30.444772+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# PayPal EVP Peggy Alford to depart Jan 31; separation agreement signed

## Summary
- Peggy Alford, EVP Global Sales and Merchant Services, is leaving PayPal effective January 31, 2024.
- Separation Agreement provides severance, FY2023 AIP bonus, pro-rata FY2024 AIP, continued equity vesting, and health benefits.
- Agreement includes release of claims and compliance with restrictive covenants.

## SEC filing metadata
- accession: 0001193125-24-004471
- form_type: 8-K
- ticker: PYPL
- cik: 0001633917
- company_name: PayPal Holdings, Inc.
- filed_at: 2024-01-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1633917/000119312524004471/0001193125-24-004471-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1633917/000119312524004471/d701671d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-004471
- JSON: https://secwatch.observer/filing/0001193125-24-004471.json
- Plain text: https://secwatch.observer/filing/0001193125-24-004471.txt

## Key facts
- Executive change
  Peggy Alford departed as Executive Vice President, Global Sales and Merchant Services at PayPal Holdings, Inc..
  - Action: departed
  - Role: Executive Vice President, Global Sales and Merchant Services
  source text: The Agreement was entered into in connection with Ms. Alford’s upcoming departure from the Company on January 31, 2024, which was announced on December 6, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1633917/000119312524004471/0001193125-24-004471-index.htm

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