product · May 16, 2026
PayPal Announces Major Reorganization and Leadership Changes Effective June 2 2026
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PayPal announced on May 1 2026 a strategic reorganization effective June 2 2026 shifting to three core business units: Checkout Solutions & PayPal, Consumer Financial Services & Venmo, and Payment Services & Crypto. Frank Keller was named President of Checkout Solutions & PayPal, Alexis Sowa interim lead for Consumer Financial Services & Venmo, Jeff Pomeroy interim lead for Payment Services & Crypto, Antonio Lucio Chief Marketing & Corporate Affairs Officer, and Anshu Bhardwaj Chief AI Transformation & Simplification Officer. Departures include EVP Diego Scotti head of the Consumer Group and EVP Michelle Gill head of Small Business & Financial Services. PayPal announced the reorganization on May 1 2026 with changes effective June 2 2026.