---
schema_version: "secwatch.filing_event.v1"
accession: "0001633917-26-000059"
form_type: "8-K"
ticker: "PYPL"
cik: "0001633917"
company_name: "PayPal Holdings, Inc."
filed_at: "2026-03-25T23:59:59+00:00"
generated_at: "2026-05-15T09:00:33.355239+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001633917-26-000059
- form_type: 8-K
- ticker: PYPL
- cik: 0001633917
- company_name: PayPal Holdings, Inc.
- filed_at: 2026-03-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1633917/000163391726000059/0001633917-26-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1633917/000163391726000059/pypl-20260320.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001633917-26-000059
- JSON: https://secwatch.observer/filing/0001633917-26-000059.json
- Plain text: https://secwatch.observer/filing/0001633917-26-000059.txt

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