– USA, CA – PayPal Holdings, Inc. (NASDAQ: PYPL) today announced the nomination of Carmine Di Sibio for his election to its Board as an Independent Director, effective July 1, 2024.
“We are very pleased about the planned addition of Carmine to our Board given his demonstrated record of championing innovation, extensive experience advising regulated financial companies, and keen understanding of what it takes for global companies to succeed,” said CEO Alex Chriss.
The company also announced that Belinda Johnson will retire from the Board at the 2024 AGM in May.
About Carmine Di Sibio
Carmine Di Sibio has been with EY, one of the largest professional services organizations in the world with more than 380,000 people in 150 countries, since 1985. He was named Global Chairman and CEO in 2019. Before being elected to his current post, he served as EY Global Managing Partner – Client Service. Carmine has spearheaded EY’s innovation efforts, including helping to create the Global Innovation team to redefine how EY uses technology to both transform existing services and create new solutions. Since joining EY in 1985, he has served as an Advisory and Assurance partner for many of the firm’s largest financial services accounts. He held several leadership positions, including Chair of the Global Financial Services Markets Executive and Regional Managing Partner for the Americas Financial Services Organization (FSO), where he started EY Risk Management and Regulatory Services.
Carmine Di Sibio previously announced he will retire from EY in June 2024Byth EY’s policy and practice, he is only able to join a public company board upon his retirement.
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.
SOURCE: https://www.paypal.com
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