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PayPal Appoints Former Square CEO to Board Amid Stock Slump

PayPal Appoints Former Square CEO to Board Amid Stock Slump

Author:

Global Cryptocurrency

Published:

2026-03-27 09:46:02

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BTCCSquare news:

PayPal Holdings Inc. has bolstered its leadership with the immediate appointment of Alyssa Henry, former CEO of Block's Square business, to its board of directors. The move comes as the payments giant seeks to reverse a 33% stock decline over the past six months.

Henry brings three decades of fintech expertise from Square, Amazon Web Services, and Microsoft. Her merchant-focused background aligns with PayPal's core business as the company faces increased competition in digital payments.

The board reshuffle coincides with PayPal's removal from the S&P 100 index last week. Shares remain depressed at $44.21, giving the company a $40.7 billion market capitalization.

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