PayPal Taps Enrique Lores as New CEO, Effective March 1
PayPal Holdings Inc. announced on Tuesday the appointment of Enrique Lores as its new President and Chief Executive Officer, with the leadership transition set to take effect on March 1.
PayPal Holdings Inc. announced on Tuesday the appointment of Enrique Lores as its new President and Chief Executive Officer, with the leadership transition set to take effect on March 1.
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PayPal Holdings Inc. delivered a disappointing fourth-quarter earnings report and a profit forecast for 2026 that fell short of analyst expectations, sending its shares tumbling. The payments giant cited a pullback in U.S. consumer spending and a slowdown in its core branded checkout business. In a major leadership shift, the company announced HP Inc.'s Enrique Lores will take over as President and CEO effective March 1.
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