Deirdre Stanley to Join PayPal's Board of Directors
Rhea-AI Summary
PayPal (NASDAQ: PYPL) has announced the appointment of Deirdre Stanley to its Board of Directors. Stanley brings nearly three decades of executive experience in consumer, media, and IT sectors, most recently serving as Executive Vice President and General Counsel at The Estée Lauder Companies.
Stanley's extensive background includes 17 years as General Counsel at Thomson Reuters, leadership roles at InterActiveCorp/USA Networks, and experience at GTE Corporation. She currently serves as a director of Consolidated Edison, Inc. and holds board positions at the Hospital for Special Surgery and The Dalton School.
Positive
- Addition of seasoned executive with nearly 30 years of global business experience
- Strengthened board expertise in consumer brands, technology, and risk management
- Enhanced legal and compliance oversight with experienced General Counsel background
Negative
- None.
"PayPal is a trusted brand that is reshaping the future of commerce for consumers and merchants around the world," said Alex Chriss, President and CEO, PayPal. "Deirdre brings exactly the kind of global brand-building expertise and market insight we need to accelerate our innovation agenda and deliver even more value to our customers as their needs continue to evolve."
"We are thrilled to welcome Deirdre to our Board of Directors," said Enrique Lores, Chair of PayPal's Board of Directors. "Deirdre joins the Board with extensive expertise in consumer brands, technology, risk management and compliance, and complex business transactions. She will help the Board and management team advance our strategy and expand into new areas."
"I'm honored to join PayPal's Board of Directors during this transformative period in the company's evolution," said Stanley. "PayPal's commitment to pioneering the next generation of commerce experiences while maintaining the highest standards of security and trust aligns perfectly with my values. I'm eager to contribute to the company's mission and look forward to collaborating with Alex, Enrique, and my fellow board members to drive sustainable growth."
Prior to The Estée Lauder Companies, Stanley served for 17 years as General Counsel of global news and information technology company Thomson Reuters and its predecessor company. From 1999 to 2002, Stanley held roles of increasing responsibility at InterActiveCorp/
Stanley is a director of Consolidated Edison, Inc., and a member of the Board of Trustees of the Hospital for Special Surgery and The Dalton School.
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
View original content:https://www.prnewswire.com/news-releases/deirdre-stanley-to-join-paypals-board-of-directors-302490086.html
SOURCE PayPal Holdings, Inc.