---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-032073"
form_type: "8-K"
ticker: "PYPL"
cik: "0001633917"
company_name: "PayPal Holdings, Inc."
filed_at: "2024-02-12T23:59:59+00:00"
generated_at: "2026-06-06T04:21:04.299316+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# PayPal EVP and Chief Enterprise Services Officer Aaron Karczmer to depart on April 30, 2024

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-24-032073
- form_type: 8-K
- ticker: PYPL
- cik: 0001633917
- company_name: PayPal Holdings, Inc.
- filed_at: 2024-02-12T23:59:59+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/1633917/000119312524032073/0001193125-24-032073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1633917/000119312524032073/d782639d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-032073
- JSON: https://secwatch.observer/filing/0001193125-24-032073.json
- Plain text: https://secwatch.observer/filing/0001193125-24-032073.txt

## Key facts
- Executive change
  Aaron Karczmer departed as Executive Vice President, Chief Enterprise Services Officer at PayPal Holdings, Inc..
  - Action: depart
  - Role: Executive Vice President, Chief Enterprise Services Officer
  source text: Under the Agreement, Mr. Karczmer will depart from the Company on April 30, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1633917/000119312524032073/0001193125-24-032073-index.htm

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