secwatch.observer — SEC 8-K summary
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Issuer:     PayPal Holdings, Inc. (PYPL)
CIK:        0001633917
Form:       8-K
Filed at:   2024-03-28T23:59:59+00:00
Accession:  0001193125-24-080896
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633917/000119312524080896/0001193125-24-080896-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633917/000119312524080896/d787879d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-080896

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer