PayPal plans to appoint outgoing EY CEO Carmine Di Sibio as director; Belinda Johnson to retire from board

PayPal Holdings, Inc.

Belinda Johnson to retire from PayPal board at May 2024 Annual Meeting; not standing for re-election.
Board intends to appoint Carmine Di Sibio (outgoing EY Global Chair & CEO) as independent director effective July 1, 2024.
Di Sibio, with EY since 1985, retires from EY in June 2024; joins board post-retirement per EY policy.
Board to reduce size to 11 directors effective before the Annual Meeting.

item 5.02 item 8.01 item 9.01

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Departed

Belinda Johnson

Director

PYPL · PayPal Holdings, Inc.

Filed: March 28, 2024, 7:59 PM ET

On March 25, 2024, Belinda Johnson informed PayPal Holdings, Inc. (“PayPal” or the “Company”) that she will not stand for re-election to PayPal’s Board of Directors (“Board”) when her current term expires at PayPal’s 2024 Annual Meeting of Stockholders (“2024 Annual Meeting”).

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Executive change SEC 8-K Item 5.02 confidence 0.9

Belinda Johnson departed as Director at PayPal Holdings, Inc..

Action: will not stand for re-election
Role: Director

Exact text from the filing

On March 25, 2024, Belinda Johnson informed PayPal Holdings, Inc. (“PayPal” or the “Company”) that she will not stand for re-election to PayPal’s Board of Directors (“Board”) when her current term expires at PayPal’s 2024 Annual Meeting of Stockholders (“2024 Annual Meeting”).

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PayPal Holdings, Inc. filing history →

Source: SEC EDGAR

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