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PayPal Announces Retirement of Rodney C. Adkins from Board of Directors

1. Rodney C. Adkins retires from PayPal's Board of Directors effective June 2025. 2. Adkins served since September 2017, impacting PayPal's growth and transformation. 3. Board Chair Enrique Lores praises Adkins’ business acumen and strategic vision. 4. CEO Alex Chriss thanks Adkins for his leadership and support. 5. PayPal continues to innovate in global commerce over 25 years.

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FAQ

Why Neutral?

While Board changes can signal shifts, Adkins’ departure is planned and acknowledged positively.

How important is it?

Adkins' retirement could indicate transition, but sentiment remains neutral due to preemptive acknowledgment.

Why No Impact?

Leadership changes may be routine; unlikely to affect stock performance soon.

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SQVMA
, /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) announced today that Rodney C. Adkins has informed the company of his decision to retire from its Board of Directors (Board) and not stand for re-election at the 2025 Annual Meeting of Stockholders in June.   Adkins has been a director of PayPal since September 2017 and currently serves on the Audit, Risk and Compliance Committee and the Corporate Governance and Nominating Committee of the Board.  "For more than seven years, Rod has played an instrumental role on our Board of Directors and has helped guide the growth and transformation of PayPal," said Enrique Lores, Chair of PayPal's Board of Directors. "We will greatly miss Rod's impactful contributions. His sharp business acumen, strategic vision, and genuine authenticity have played a crucial role in shaping PayPal into the company it is today."  "On behalf of our PayPal team, I want to extend my heartfelt thanks to Rod for his exceptional leadership, his unwavering care, and his passionate support of our company," said Alex Chriss, President and CEO, PayPal. "It has been a privilege to have worked alongside Rod, and I wish him well going forward."  About PayPal PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit https://www.paypal.com, https://about.pypl.com, and https://investor.pypl.com.  Investor Relations Contact: [email protected]  Media Relations Contact: [email protected]   SOURCE PayPal Holdings, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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