PayPal Names Blake Jorgensen As Finance Chief

  • PayPal Holdings Inc PYPL, which issued its second-quarter results yesterday, has appointed Blake Jorgensen as CFO, effective August 3, 2022.
  • Jorgensen succeeds John Rainey, who resigned in May to join Walmart Inc. WMT
  • RelatedWhy PayPal Stock Is Rocketing Higher On Q2 Earnings: What You Need To Know About Guidance, Elliott Management And More
  • With Jorgensen’s appointment, Gabrielle Rabinovitch will step down as the company’s interim CFO. Rabinovitch will remain employed with the company as its SVP, Corporate Finance, and Investor Relations.
  • Jorgensen has extensive experience driving operational excellence and shareholder value, having served as CFO at industry-leading companies, including Electronic Arts Inc. EALevi Strauss & Co. LEVI, and Yahoo! Inc.
  • In addition, Mark Britto, EVP and Chief Product Officer, notified the company of his plan to retire at the end of the year.
  • Price Action: PYPL shares are trading higher by 12.84% at $101.14 during the premarket session on Wednesday.
  • Photo Via Wikimedia Commons

  •  

 

Loading...
Loading...
PYPL Logo
PYPLPayPal Holdings Inc
$67.252.81%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
34.50
Growth
53.45
Quality
28.38
Value
59.07
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Posted In:
Comments
Loading...