PayPal Holdings, Inc. shareholders approved Election of Directors.
“Proposal 1: Election of Directors: Director Nominees Votes For % For Votes Against % Against Abstentions Broker Non-Votes Rodney C. Adkins 680,336,569 93.15% 49,990,292 6.84% 1,325,968 139,962,790 Jonathan Christodoro 695,756,464 95.27% 34,542,401 4.72% 1,353,964 139,962,790 John J. Donahoe 678,877,419 92.94% 51,533,764 7.05% 1,241,646 139,962,790 David W. Dorman 671,541,880 91.95% 58,766,891 8.04% 1,344,058 139,962,790 Belinda J. Johnson 713,153,966 97.64% 17,207,765 2.35% 1,291,098 139,962,790 Enrique Lores 711,196,077 97.38% 19,131,074 2.61% 1,325,678 139,962,790 Gail J. McGovern 689,820,781 94.44% 40,535,333 5.55% 1,296,715 139,962,790 Deborah M. Messemer 708,381,306 96.98% 21,991,346 3.01% 1,280,177 139,962,790 David M. Moffett 703,019,892 96.26% 27,256,215 3.73% 1,376,722 139,962,790 Ann M. Sarnoff 713,121,823 97.63% 17,241,027 2.36% 1,289,979 139,962,790 Daniel H. Schulman 711,339,641 97.42% 18,830,918 2.57% 1,482,270 139,962,790 Frank D. Yeary 711,069,758 97.37% 19,201,094 2.62”
Earnings Releases
PayPal Holdings, Inc. reported financial results for the quarter ended March 31, 2023.
“On May 8, 2023, PayPal Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2023.”
Blake Jorgensen departed as Executive Vice President and Chief Financial Officer at PayPal Holdings, Inc..
“On March 7, 2023, PayPal Holdings, Inc. (the “Company”) announced that Blake Jorgensen, Executive Vice President and Chief Financial Officer, will step down from his position as the Company’s Chief Financial Officer, effective immediately.”
John Kim was appointed as Chief Product Officer at PayPal Holdings, Inc..
“On September 8, 2022, the Company announced that it had appointed John Kim to serve as Chief Product Officer, effective September 26, 2022.”
Mark Britto departed as Chief Product Officer at PayPal Holdings, Inc..
“Mr. Britto is now expected to remain employed by the Company until February 28, 2023, at which time his position will be eliminated.”
Earnings Releases
PayPal Holdings, Inc. reported the quarter and full year ended December 31, 2022 results: revenue $7.4B, EPS $0.81.
“of cash flows. See the section titled “Cash Flow Reclassification” for further details. 3. On an FXN basis. GAAP Non-GAAP USD $ YoY Change USD $ YoY Change Q 4' 22 Net Revenues $7.4B 7% $7.4B 9%3 Operating Income $1.2B 18% $1.7B 12% EPS $0.81 19% $1.24 11% FY '2 2 Net Revenues $27.5B 8% $27.5B 10%3 Operating Income $3.8B (10%) $5.9B (7%) EPS $2.09 (41%)”
Dan Schulman departed as President and Chief Executive Officer at PayPal Holdings, Inc..
“On February 8, 2023, Dan Schulman, President and Chief Executive Officer, notified the Board of Directors (the “Board”) of PayPal Holdings, Inc. (the “Company”) of his intention to retire from the Company on December 31, 2023 or upon the appointment of a successor thereafter.”
Gabrielle Rabinovitch was appointed as Principal Accounting Officer (interim) at PayPal Holdings, Inc..
“Gabrielle Rabinovitch, Acting Chief Financial Officer and SVP, Investor Relations and Treasurer, has been designated as the Company’s principal accounting officer on an interim basis effective upon Mr. Karbowski’s departure.”
Jeffrey Karbowski resigned as Vice President and Chief Accounting Officer at PayPal Holdings, Inc..
“On January 3, 2023, Jeffrey Karbowski, Vice President and Chief Accounting Officer, notified PayPal Holdings, Inc. (the “Company”) of his decision to resign from the Company effective February 10, 2023 to pursue another opportunity.”
Earnings Releases
PayPal Holdings, Inc. reported FY'22 results: EPS raising expected GAAP EPS to ~$2.11-$2.13; raising expected non-GAAP EPS to ~$4.07-$4.09. Guidance raised.
“• FY'22: Raising EPS guidance, benefiting from ongoing productivity initiatives ◦ Net revenues expected to grow ~8.5% on a spot basis and ~10% FXN ◦ Raising expected GAAP EPS to ~$2.11-$2.13; raising expected non-GAAP EPS to ~$4.07-$4.09 ◦ TPV expected to grow ~8.5% on a spot basis and ~12.5% FXN ◦ Approximately 8-10 million Net New Actives (NNAs) expected to be added in FY'22”
Earnings Releases
PayPal Holdings, Inc. reported the quarter ended September 30, 2022 results: revenue $6.85 billion, EPS GAAP EPS of $1.15, compared to $0.92 in Q3'21; non-GAAP EPS of $1.08, compared to $1.11 in Q3'21.
“Net revenues of $6.85 billion, 11% growth on a spot basis and 12% FXN ◦ Revenue excluding eBay grew 13% on a spot basis, on top of 25% growth in Q3'21 • GAAP operating margin of 16.3%, declined 54 basis points; non-GAAP operating margin of 22.4%, declined 140 basis points • GAAP operating income of $1.1B, growing 7%; non-GAAP operating income of $1.5B, growing 4% • GAAP EPS of $1.15, compared to $0.92 in Q3'21; non-GAAP EPS of $1.08, compared to $1.11 in Q3'21”
Gabrielle Rabinovitch was appointed as acting Chief Financial Officer at PayPal Holdings, Inc..
“The Board of Directors has appointed Gabrielle Rabinovitch to serve as the Company’s acting Chief Financial Officer”
Blake Jorgensen was appointed as Executive Vice President, Chief Financial Officer at PayPal Holdings, Inc..
“On August 2, 2022, the Company announced that Blake Jorgensen has been appointed to serve as Executive Vice President, Chief Financial Officer, effective August 3, 2022.”
Gabrielle Rabinovitch was appointed as interim Chief Financial Officer at PayPal Holdings, Inc..
“in connection with Ms. Rabinovitch’s previously announced appointment as the Company’s interim Chief Financial Officer”
Gabrielle Rabinovitch was appointed as interim Chief Financial Officer at PayPal Holdings, Inc..
“On April 10, 2022, Gabrielle Rabinovitch was appointed to serve as the Company’s interim Chief Financial Officer, effective immediately upon Mr. Rainey’s departure.”
John D. Rainey resigned as Chief Financial Officer and Executive Vice President, Global Customer Operations at PayPal Holdings, Inc..
“On April 6, 2022, John D. Rainey notified PayPal Holdings, Inc. (the “Company”) of his decision to resign as Chief Financial Officer and Executive Vice President, Global Customer Operations.”
Louise Pentland departed as Executive Vice President, Chief Business Affairs and Legal Officer at PayPal Holdings, Inc..
“On November 15, 2021, PayPal Holdings, Inc. (the “Company”) announced that Louise Pentland, Executive Vice President, Chief Business Affairs and Legal Officer, will be stepping down from her current role and will no longer be classified as a Section 16 officer or executive officer of the Company, effective as of December 31, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.