PayPal Announces New CEO and Departure of Alex Chriss
ByAinvest
Friday, Feb 6, 2026 4:07 pm ET1min read
PYPL--
PayPal has announced Enrique Lores, HP's CEO, as its new president and CEO, replacing Alex Chriss who was ousted in February 2024 after missing earnings and slow growth. Lores has been on PayPal's board for nearly five years and will take over on March 1. Meanwhile, the Federal Trade Commission has appointed Levi Swank as deputy director of its Bureau of Consumer Protection, and Caleres has named Kristen Sosa as division president of its brand portfolio.
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