SAN JOSE, Calif., June 20, 2024 /PRNewswire/ -- PayPal Holdings,
Inc. (NASDAQ: PYPL) today announced the appointment of Srini Venkatesan as Chief Technology Officer
(CTO), effective June 24, reporting
to PayPal President and CEO Alex
Chriss. In this role, Venkatesan will lead the development
and implementation of technology across the entire PayPal
ecosystem, including analytics and data science, artificial
intelligence (AI) and machine learning, information security,
infrastructure operations, and product engineering.
"Srini is a seasoned technologist and leader with a successful
track record of building and scaling technology organizations, from
early-stage startups to the world's largest retailer," said Chriss.
"As we execute our mission to revolutionize commerce globally,
Srini's experience leading technology, digital transformation, and
AI personalization from inside some of our largest customers and
partners will be invaluable. I'm thrilled to have Srini join the
PayPal team."
Venkatesan joins PayPal from Walmart where he most recently led
the U.S. Omni Platforms and Tech organization. At Walmart, he led a
team to build platforms, features, and capabilities to support the
retailer globally. Prior to Walmart, Venkatesan oversaw
Yahoo's display and video ad technology platform. Earlier in his
career, he led product and technology teams at eBay and was Chief
Technology Officer at StubHub and Marketo. Venkatesan earned a
bachelor's degree in electrical engineering from Bharathiar
University.
"I've spent my career innovating to create new and improved ways
for customers to discover, shop, and buy the goods they want and
need," said Venkatesan. "I'm incredibly excited about joining
PayPal and bringing together my experiences across tech and retail
to personalize customers' shopping experiences."
Archie Deskus, who
currently serves as PayPal's Chief Technology Officer, has decided
to leave PayPal. Under Deskus' leadership, PayPal has made
significant progress toward operating as a true platform company
and strengthened its technology team, processes, and
systems.
About PayPal
PayPal has been revolutionizing commerce globally for more than 25
years. Creating innovative experiences that make moving money,
selling, and shopping simple, personalized, and secure, PayPal
empowers consumers and businesses in approximately 200 markets to
join and thrive in the global economy. For more information, visit
https://www.paypal.com, https://about.pypl.com/ and
https://investor.pypl.com/.
Investor Relations Contact:
investorrelations@paypal.com
Media Relations Contact:
mediarelations@paypal.com
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SOURCE PayPal Holdings, Inc.