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    Alex Chriss

    President and CEO at PPayPal Holdings Inc
    Since September 27, 2023
    Age
    46 years
    Tenure
    Joined PYPL as President and CEO on September 27, 2023.

    Also at PayPal Holdings Inc

    AW
    Aaron Webster
    EVP, Chief Enterprise Services Officer
    DS
    Diego Scotti
    EVP, GM – Consumer Group & Global Marketing
    FK
    Frank Keller
    EVP, GM – Large Enterprise & Merchant Group

    About

    Alex Chriss is the President and CEO of PayPal (PYPL) and is 46 years old. He assumed his leadership role on September 27, 2023, marking a significant moment in his distinguished career. His appointment represents a notable transition as he brings decades of industry experience to drive PayPal's growth and innovation.

    Before joining PYPL, Chriss spent nearly two decades at Intuit Inc., where he held several key leadership roles. He began his career at Intuit in July 2004 and rose through the ranks to serve as the Executive Vice President and General Manager of the Small Business and Self-Employed Group. During his time there, he contributed to major strategic initiatives, including the creation of a Partner & Developer Platform and the leadership of the Self-Employed Solutions team, as well as orchestrating a $12 billion acquisition of Mailchimp in 2021.

    His extensive experience in product development, technology, and global payments underscores his ability to steer PayPal through evolving market challenges. With a strong track record for driving substantial customer and revenue growth, including a compound annual growth rate of 20% in customers and 23% in revenue, his leadership is set to foster further expansion at PYPL.

    $PYPL Performance Under Alex Chriss

    Past Roles

    Organization RoleDate RangeDetails
    IntuitN/AN/AExtensive experience in product, technology, and global payments

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Annual Base Salary$1,250,000 Annualized (paid annually)Determined by PayPal's Compensation Committee using competitive market data and individual performance
    Make-Whole RSUs$10,000,000 Vesting: 50% on October 15, 2023 and 50% on October 15, 2024Granted as compensation for forfeited equity at previous employer; accelerates upon a Qualifying Termination

    Performance Compensation

    Data from  FY 2023

    2023 AIP Cash Payment

    MetricThresholdTargetMaximumActual AchievedNotes
    Revenue ($ billions)$27.52B $28.42B $29.32B $29.77B 200% payout achieved
    Non-GAAP Operating Margin (%)20.40% 22.40% 24.40% 22.43% 102% payout achieved
    Company Performance ScoreN/AN/AN/A151% 75% weight on company performance
    Individual Performance ScoreN/A100% 200% 100% 25% weight on individual performance

    Cash Payment Calculation:

    • Base Salary used (prorated): $328,767
    • AIP Target as % of Base Salary: 200%
    • Target and Actual Cash Payment: $164,384
    • Evaluation Period: Calendar year 2023

    2023 AIP PBRSUs (Maximum Value)

    ComponentThreshold SharesTarget SharesMaximum SharesGrant Date Fair ValueVesting DateAdditional Details
    AIP PBRSUs (Performance)2,056 8,225 16,450 $458,544 Fully vested on February 15, 2024 Performance period: 2023; Payout scales linearly from 50% to 200% based on company performance

    Maximum Value: $917,088

    Conditions: Tied to achievement of company performance metrics (including revenue growth and non-GAAP operating margin). Vesting occurs after the performance period is complete.