SAN JOSE, Calif.--(BUSINESS WIRE)--
PayPal Holdings, Inc. (NASDAQ: PYPL) today announced it has appointed
Belinda Johnson to its board of directors. Ms. Johnson is a recognized
attorney and business leader who has focused her talents on crafting and
directing policies and strategies that enable high-growth,
consumer-facing internet companies for more than two decades. Ms.
Johnson will serve on PayPal's
Audit Committee. Her appointment was effective January 12, 2017.
Ms. Johnson is the Chief Business Affairs and Legal Officer at Airbnb, a
community marketplace for people to list, discover and book unique
accommodations and experiences around the world. Founded in 2008, the
privately-held company's community marketplace includes millions of
listings in more than 50,000 cities and 191 countries. In her role, Ms.
Johnson guides the company's business engagement and operational
strategies, overseeing the global work of the public policy, community
mobilization, legal, communications, compliance, social impact and
employee experience teams. She joined Airbnb in 2011 and has been a key
leader in the company's growth from a small start-up to a global brand.
Prior to joining Airbnb, Ms. Johnson was the Deputy General Counsel at
Yahoo! and served as the General Counsel and Corporate Secretary at
Broadcast.com, one of the first companies to stream music over the
internet, which was acquired by Yahoo! in 1999 for $5.7 billion.
"The board of directors and the entire PayPal team join me in welcoming
Belinda to the board," said Dan Schulman, president and chief executive
officer, PayPal. "Belinda has an impressive track record of
accomplishments, and is deeply experienced in high growth markets driven
by innovation. She will be a great addition to our board and I look
forward to her valuable contributions to PayPal."
"I'm honored and excited to serve on the board of PayPal, a dynamic
Silicon Valley innovator and global FinTech leader," said Belinda
Johnson. "It's a compelling opportunity to contribute to a company that
is not only achieving impressive business success, but also delivering
on a powerful social mission to democratize financial services to create
opportunity for people, businesses and communities around the world."
Ms. Johnson holds a BA and JD from the University of Texas and was named
one of Fast Company Magazine's Most Creative People in Business in 2016.
The appointment of Ms. Johnson will increase PayPal's
Board of Directors to 10 members.
At PayPal (Nasdaq:PYPL), we put people at the center of everything we
do. Founded in 1998, we continue to be at the forefront of the digital
payments revolution. PayPal gives people better ways to manage and move
their money, offering them choice and flexibility in how they are
able to send money, pay or get paid. We operate an open, secure and
technology agnostic payments platform that businesses use to securely
transact with their customers online, in stores and increasingly
on mobile devices. In 2015, 28% of the 4.9 billion payments we processed
were made on a mobile device. With our 192 million active customer
accounts, PayPal is a truly global payments platform that is available
to people in more than 200 markets, allowing customers to get paid in
more than 100 currencies, withdraw funds to their bank accounts 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 PYPL financial information, visit https://investor.paypal-corp.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170117006190/en/
PayPal Investor Relations Contact:
Director, Investor Relations
Media Relations Contact:
Amanda Miller, 408-219-0563
Source: PayPal Holdings, Inc.
News Provided by Acquire Media