leadership
confidence high
sentiment neutral
materiality 0.40
PayPal EVP and Chief Enterprise Services Officer Aaron Karczmer to depart on April 30, 2024
PayPal Holdings, Inc.
- Aaron Karczmer, EVP and Chief Enterprise Services Officer, to leave PayPal effective April 30, 2024.
- Departure qualifies as 'Qualifying Termination' under PayPal's Executive Change in Control and Severance Plan.
- Agreement provides severance pay, pro-rata fiscal 2024 AIP bonus, health benefits, equity treatment, and outplacement.
- Karczmer signed separation agreement including release of claims and restrictive covenants.