back Back

PayPal to appoint Carmine Di Sibio to Board of Directors 

By Gloria Methri

April 01, 2024

  • Digital Wallets
  • FinTech
  • Money Management
Share

PayPal, PayPal Holdings, FinTech, USAPayPal Holdings’ Board of Directors has announced its plans to appoint Carmine Di Sibio, outgoing Global Chairman and CEO of EY, to the Board as an independent director, effective July 1, 2024.

“We are very pleased about the planned addition of Carmine to our Board given his demonstrated record of championing innovation, extensive experience advising regulated financial companies, and keen understanding of what it takes for global companies to succeed,” said Alex Chriss, President and CEO, PayPal. “If appointed, Carmine will be helpful in sharing his expertise in driving transformation and profitable growth in markets around the world to help us revolutionize commerce globally.”

Di Sibio has spearheaded EY’s innovation efforts, including helping to create the Global Innovation team to both transform existing services and create new solutions.

Since joining EY in 1985, Di Sibio has served as an Advisory and Assurance partner for many of the firm’s largest financial services accounts. He held several leadership positions, including Chair of the Global Financial Services Markets Executive and Regional Managing Partner for the Americas Financial Services Organization (FSO), where he started EY Risk Management and Regulatory Services.

Di Sibio previously announced he will retire from the company in June 2024. In accordance with EY policy and practice, he is only able to join a public company board upon his retirement.

In addition, Belinda Johnson, who has served as a director since 2017, informed the company that she will retire from the Board and will not stand for re-election at the 2024 Annual Meeting of Stockholders in May.

“We want to thank Belinda for her contribution and service to PayPal and the Board over the past seven years,” said John Donahoe, Chair of the PayPal Board of Directors. “She has made a real positive impact. Her experience and thoughtful counsel have made PayPal a better company.”

Previous Article

April 01, 2024

Australian automotive FinTech AutoSettle appoints Jason Van as CEO

Read More
Next Article

April 01, 2024

Mastercard scales Click to Pay to tackle payment fraud in Australia

Read More








IBSi Daily News Analysis

cybersecurity

April 18, 2024

Digital Wallets

GCC banks bolster Cybersecurity measures to combat email fraud

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Cashflows partners with National Association of Funeral Directors

Read More

Today

Ant International set to create digital business centre in Malaysia

Read More

Today

Opn appoints Vaden Landers as President and CEO of MerchantE

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023