---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-197533"
form_type: "8-K"
ticker: "PYPL"
cik: "0001633917"
company_name: "PayPal Holdings, Inc."
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T00:57:40.526228+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# PayPal reorganizes into three business units; two EVPs depart

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-197533
- form_type: 8-K
- ticker: PYPL
- cik: 0001633917
- company_name: PayPal Holdings, Inc.
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1633917/000119312526197533/0001193125-26-197533-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1633917/000119312526197533/d128781d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-197533
- JSON: https://secwatch.observer/filing/0001193125-26-197533.json
- Plain text: https://secwatch.observer/filing/0001193125-26-197533.txt

## Key facts
- Executive change
  Diego Scotti departed as EVP, General Manager, Consumer Group at PayPal Holdings, Inc..
  - Action: cease to serve
  - Role: EVP, General Manager, Consumer Group
  source text: and Diego Scotti will cease to serve as the EVP, General Manager, Consumer Group of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1633917/000119312526197533/0001193125-26-197533-index.htm
- Executive change
  Michelle Gill departed as EVP, General Manager, Small Business and Financial Services at PayPal Holdings, Inc..
  - Action: cease to serve
  - Role: EVP, General Manager, Small Business and Financial Services
  source text: On April 29, 2026, PayPal Holdings, Inc. (the " Company ") announced that, effective as of June 2, 2026, Michelle Gill will cease to serve as the EVP, General Manager, Small Business and Financial Services of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1633917/000119312526197533/0001193125-26-197533-index.htm

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