PayPal appoints former Block CEO Alyssa Henry to board; Gail McGovern to retire

PayPal Holdings, Inc.

Alyssa H. Henry, former CEO of Block Inc.'s Square, appointed to PayPal Board effective March 25, 2026, filling a new 12th seat.
Henry will serve on Compensation and Risk & Compliance Committees; will receive standard independent director compensation.
Gail J. McGovern will not stand for re-election at the 2026 Annual Meeting in May; decision unrelated to any disagreement.
Board size will reduce from 12 to 11 directors immediately before the Annual Meeting.
Independent Director Ann Sarnoff to succeed McGovern as chair of Corporate Governance and Nominating Committee.

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