Intuit Inc. executive Alex Chriss will serve as the next leader of PayPal Holdings Inc., the digital payments giant said Monday.
Chriss, an Intuit INTU veteran of nearly two decades who has most recently served as the company’s general manager of its small-business and self-employed group, will succeed PayPal PYPL Chief Executive Dan Schulman, who announced earlier this year that he planned to step down around the end of 2023.
Chriss will assume the role of PayPal CEO Sept. 27, at which point he will also join the board of directors. Schulman plans to stay on the board until May 2024.Chriss said in a release the he would look “to build on PayPal’s remarkable history and draw on its unique capabilities to deliver outstanding products and services to businesses and consumers.”
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