#United States #PayPal #San Jose #Alyssa Henry #Gail McGovern

Alyssa Henry Joins PayPal's Board of Directors: A New Era Begins

On March 25, 2026, PayPal Holdings, Inc. (NASDAQ: PYPL) confirmed a significant transition in its leadership by announcing that Alyssa Henry, formerly the CEO of Block's Square business, has been appointed to the Board of Directors. Henry's extensive experience in global commerce and technology positions her as an essential addition to PayPal's strategic vision.

A Leader with Proven Experience

With over 30 years in the industry, Henry has a solid track record of scaling payment ecosystems. Most recently, as CEO of Square at Block, she oversaw operations for payment solutions and financial services that catered to millions of businesses around the globe. Before her tenure at Square, her role at Amazon Web Services was pivotal in building the company into a leader in cloud infrastructure, establishing her as a force in tech innovation and payments.

Enrique Lores, President and CEO of PayPal, expressed excitement over Henry's joining, stating, "Alyssa is a proven operator with deep experience building and scaling payments ecosystems that are critical to merchants." Her expertise in software-driven solutions and global platform expansion is expected to significantly benefit PayPal as they enhance their offerings to merchants and consumers worldwide.

A Transition in Leadership

At the same time, PayPal announced that Gail J. McGovern, a Board member since 2015, would not seek re-election at the upcoming Annual Meeting of Stockholders in May. McGovern's departure marks the end of a decade filled with impactful input that helped guide PayPal's strategic direction, especially during its formative years as an independent company. David Dorman, Chair of PayPal's Board, thanked McGovern for her contributions, highlighting her unique blend of experience from both the business and nonprofit realms.

"Gail brought a rare blend of experience from both the business and nonprofit worlds to PayPal and helped shape its mission as an independent company from 2015 onwards," commented Dorman.

The Road Ahead

Henry's appointment symbolizes a new chapter for PayPal, with the current Board comprising 12 directors, of which 11 are independent. With significant industry insights, Henry plans to tackle PayPal's growth strategies and explore new opportunities in an ever-evolving market landscape.

In her statement, she expressed her honor in joining the Board during such a critical time for the organization and the broader payments ecosystem: "PayPal's global scale, trusted brands, and powerful two-sided network uniquely position it to shape the future of commerce. I look forward to working with the Board and management on strategies to unlock new opportunities for sustainable growth."

As PayPal moves forward, the leadership changes may lead to new approaches in product development and customer engagement, further establishing its influence in the global commerce ecosystem. Henry's background suggests that the shareholders and stakeholders can expect innovations geared towards enhancing user experience and expanding merchant capabilities.

About PayPal

For over 25 years, PayPal has played a revolutionary role in global commerce, making transactions easy, secure, and personalized for users in around 200 markets. By combining financial technologies with user-friendly experiences, PayPal enables both consumers and businesses to thrive in the global economy.

As the company welcomes Alyssa Henry and bids farewell to Gail McGovern, it appears poised to embrace a future ripe with potential and innovation.