PayPal reorganizes into three business units; two EVPs depart

PayPal Holdings, Inc.

Michelle Gill (EVP Small Business & Financial Services) and Diego Scotti (EVP Consumer Group) to depart effective June 2, 2026.
New operating model: Checkout Solutions & PayPal, Consumer Financial Services & Venmo, Payment Services & Crypto.
Frank Keller appointed President of Checkout Solutions & PayPal; Alexis Sowa interim lead for Consumer Financial Services & Venmo; Jeff Pomeroy interim lead for Payment Services & Crypto.
Antonio Lucio joins as CMO & Corporate Affairs Officer; Anshu Bhardwaj as Chief AI Transformation & Simplification Officer.
CEO Enrique Lores says reorganization aims to accelerate growth, simplify operations, and sharpen accountability.

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