PayPal Names Intuit’s Alex Chriss CEO, Replacing Schulman

  • Chriss most recently led Intuit’s QuickBooks, Mailchimp units
  • PayPal stock has slumped as volume growth slowed post-pandemic
Alex Chriss

Source: PayPal Holdings Inc.

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PayPal Holdings Inc. named Alex Chriss chief executive officer, tapping a longtime fintech executive with a focus on small businesses to lead the beleaguered payments giant.

Chriss, who led Intuit Inc.’s QuickBooks business, will start in the new role on Sept. 27, according to a statementBloomberg Terminal Monday. He replaces Dan Schulman, who will stay on as a director.