PayPal Announces Retirement of Rodney C. Adkins from Board of Directors

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PayPal Holdings (NASDAQ: PYPL) announced that Rodney C. Adkins will retire from its Board of Directors and not seek re-election at the 2025 Annual Meeting of Stockholders in June. Adkins, who joined the board in September 2017, currently serves on the Audit, Risk and Compliance Committee and the Corporate Governance and Nominating Committee.

During his seven-year tenure, Adkins contributed to PayPal's growth and transformation through his business acumen and strategic vision. Board Chair Enrique Lores and CEO Alex Chriss both acknowledged Adkins' leadership and contributions to the company's development.

SAN JOSE, Calif., April 7, 2025 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) announced today that Rodney C. Adkins has informed the company of his decision to retire from its Board of Directors (Board) and not stand for re-election at the 2025 Annual Meeting of Stockholders in June.  

Adkins has been a director of PayPal since September 2017 and currently serves on the Audit, Risk and Compliance Committee and the Corporate Governance and Nominating Committee of the Board. 

"For more than seven years, Rod has played an instrumental role on our Board of Directors and has helped guide the growth and transformation of PayPal," said Enrique Lores, Chair of PayPal's Board of Directors. "We will greatly miss Rod's impactful contributions. His sharp business acumen, strategic vision, and genuine authenticity have played a crucial role in shaping PayPal into the company it is today." 

"On behalf of our PayPal team, I want to extend my heartfelt thanks to Rod for his exceptional leadership, his unwavering care, and his passionate support of our company," said Alex Chriss, President and CEO, PayPal. "It has been a privilege to have worked alongside Rod, and I wish him well going forward." 

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.

FAQ

When will Rodney C. Adkins retire from PayPal's (PYPL) Board of Directors?

Rodney C. Adkins will retire at PayPal's 2025 Annual Meeting of Stockholders in June.

How long has Rodney Adkins served on PayPal's (PYPL) Board of Directors?

Rodney Adkins has served on PayPal's Board since September 2017, over seven years.

What committees did Rodney Adkins serve on PayPal's (PYPL) Board?

He served on the Audit, Risk and Compliance Committee and the Corporate Governance and Nominating Committee.

Who announced Rodney Adkins' retirement from PayPal's (PYPL) Board?

The retirement was acknowledged by Board Chair Enrique Lores and CEO Alex Chriss.