PayPal is undergoing a strategic reorganization to accelerate growth, transitioning to a three-unit operating model. This restructuring includes the departure of two executive vice presidents and the appointment of new leadership to drive innovation and streamline decision-making.
Key Details
- New Business Structure: The company will now operate under three simplified business units: Checkout Solutions & PayPal, Consumer Financial Services & Venmo, and Payment Services & Crypto.
- Executive Departures: Michelle Gill (EVP, Small Business) and Diego Scotti (EVP, Consumer Group) will be departing the company, effective June 2, 2026.
- New Appointments: Frank Keller was named President of Checkout Solutions & PayPal. Other key appointments include a new Chief Marketing & Corporate Affairs Officer and a Chief AI Transformation & Simplification Officer.