PayPal Appoints Rodney C. Adkins to its Board of Directors
SAN JOSE, Calif.--(BUSINESS WIRE)--
PayPal Holdings, Inc. (NASDAQ: PYPL) today announced it has
appointed Rodney C. Adkins to its Board of Directors. A seasoned
technology and business executive with experience leading transformative
product introductions and developing innovative business solutions, Mr.
Adkins will serve on PayPal's Audit,
Risk and Compliance Committee. His appointment was effective September
Mr. Adkins is President of 3RAM Group LLC, a privately held company
specializing in capital investments, business consulting services and
property management. Prior to 3RAM Group, he spent more than 30 years at
International Business Machines Corporation (IBM), where he most
recently served as Senior Vice President, Corporate Strategy, leading
continuous transformation projects, developing new strategic growth
opportunities, and expansion in Africa. During his extensive tenure with
IBM, Mr. Adkins led global teams, managed multi-billion dollar business
segments and delivered a vast portfolio of business products including
contributing innovative advancements to the Personal Computer industry,
launching nascent mobile technology and delivering market leadership for
UNIX, Mainframes and Supercomputer systems.
"On behalf of PayPal's directors and global team, I am excited to
welcome Rod to our Board," said Dan Schulman, president and chief
executive officer of PayPal. "As an exceptionally experienced and
respected business leader, his track record of driving innovation and
business solutions at a leading global technology company makes him a
valuable addition to the Board as we continue to deliver on PayPal's
growth strategy and intensify our focus on attracting and engaging
customers on PayPal's global payments platform."
"It is an honor to serve on the Board of PayPal, the global leader in
payments," said Rodney C. Adkins. "I look forward to the opportunity to
work with Dan and the entire PayPal Board to contribute to this
Mr. Adkins holds a BA with an emphasis in physics from Rollins College
and BS and MS degrees in electrical engineering from Georgia Tech. Mr.
Adkins serves on the board of directors for United Parcel Service (UPS),
Grainger, PPL Corporation, Avnet, Kappa Alpha Psi Foundation, the
Smithsonian Institution and the Harlem School of the Arts. He is a
member of the Executive Leadership Council (ELC), a trustee of the
Georgia Institute of Technology (Georgia Tech) and Rollins College and
was inducted into the National Academy of Engineering (NAE).
The appointment of Mr. Adkins will increase PayPal's
Board of Directors to 11 members.
Fueled by a fundamental belief that having access to financial services
creates opportunity, PayPal (Nasdaq: PYPL) is committed to democratizing
financial services and empowering people and businesses to join and
thrive in the global economy. Our open digital payments platform gives
PayPal's 210 million active account holders the confidence to connect
and transact in new and powerful ways, whether they are online, on a
mobile device, in an app, or in person. Through a combination of
technological innovation and strategic partnerships, PayPal creates
better ways to manage and move money, and offers choice and flexibility
when sending payments, paying or getting paid. Available in more than
200 markets around the world, the PayPal platform, including Braintree,
Venmo and Xoom, enables consumers and merchants to receive money in more
than 100 currencies, withdraw funds in 56 currencies and hold balances
in their PayPal accounts in 25 currencies. For more information on
PayPal, visit https://www.paypal.com/about.
For PayPal financial information, visit https://investor.paypal-corp.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170927005127/en/
PayPal Investor Relations Contact:
President, Investor Relations
Amanda Miller, 408-219-0563
Source: PayPal Holdings, Inc.
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