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PAYPAL HOLDINGS, INC.

(PYPL)
  Report
Delayed Nasdaq  -  04:00 2022-09-23 pm EDT
86.97 USD   -0.79%
09/21Sabadell in talks with Worldline, Nexi and Fiserv for payments deal -sources
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09/21PAYPAL : How PayPal Is Supporting an Equitable Climate Transition
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09/21NORTH AMERICAN MORNING BRIEFING : Caution to -2-
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PayPal Holdings Appoints Blake Jorgensen CFO, Searching for New CPO

08/02/2022 | 02:55pm EDT

By Denny Jacob


PayPal Holdings Inc. said Tuesday it is appointing Blake Jorgensen chief financial officer, effective Wednesday.

The San Jose, Calif.-based payments company has been looking for a permanent CFO after John Rainey stepped down from the role at the end of May. Gabrielle Rabinovitch has served as interim CFO.

Mr. Jorgensen has served as CFO at Electronic Arts Inc., Levi Strauss & Co., and Yahoo Inc.

PayPal said the company is also conducting a search for a new product chief following Mark Britto's plans to retire at the end of the year.

The company said it has entered into an information-sharing agreement with Elliot Management Corp. to continue collaboration opportunities. Elliot Managing Partner Jesse Cohn said it has about a $2 billion investment in the company and that the news highlights steps that are under way and are being initiated to realize "the significant value opportunity at the company."

The Wall Street Journal reported last Tuesday that the activist investor has a stake in PayPal.


Write to Denny Jacob at denny.jacob@wsj.com


(END) Dow Jones Newswires

08-02-22 1655ET

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ELECTRONIC ARTS INC. -1.52% 115.64 Delayed Quote.-12.33%
LEVI STRAUSS & CO. -0.36% 16.49 Delayed Quote.-34.12%
PAYPAL HOLDINGS, INC. -0.79% 86.97 Delayed Quote.-53.88%
All news about PAYPAL HOLDINGS, INC.
09/21Sabadell in talks with Worldline, Nexi and Fiserv for payments deal -sources
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09/21PAYPAL : How PayPal Is Supporting an Equitable Climate Transition
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09/21NORTH AMERICAN MORNING BRIEFING : Caution to -2-
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09/20Wall Street falls as focus turns on Fed
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09/20Wall Street drops 1% with focus on Fed
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09/20Susquehanna Downgrades PayPal Holdings to Neutral From Positive, Adjusts Price Target t..
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More news
Analyst Recommendations on PAYPAL HOLDINGS, INC.
More recommendations
Financials (USD)
Sales 2022 27 877 M - -
Net income 2022 1 810 M - -
Net cash 2022 4 356 M - -
P/E ratio 2022 55,6x
Yield 2022 -
Capitalization 101 B 101 B -
EV / Sales 2022 3,45x
EV / Sales 2023 2,98x
Nbr of Employees 30 900
Free-Float 88,2%
Chart PAYPAL HOLDINGS, INC.
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Technical analysis trends PAYPAL HOLDINGS, INC.
Short TermMid-TermLong Term
TrendsBearishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 46
Last Close Price 86,97 $
Average target price 120,35 $
Spread / Average Target 38,4%
EPS Revisions
Managers and Directors
Daniel H. Schulman President, Chief Executive Officer & Director
Gabrielle L. Rabinovitch CFO, Treasurer & SVP-Investor Relations
John J. Donahoe Chairman
Sripada Shivananda Chief Technology Officer & Executive VP
Jonathan Christodoro Independent Director
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