PayPal Holdings Appoints Carmine Di Sibio to Board

The latest update is out from PayPal Holdings (PYPL).

PayPal Holdings, Inc. has expanded its Board of Directors, appointing Carmine Di Sibio as its newest member effective July 1, 2024. Di Sibio’s appointment fills a newly created seat, expanding the board from 11 to 12 members. His term will run until the 2025 annual stockholders’ meeting, where a successor may be chosen. Di Sibio will also join the Board’s Audit, Risk and Compliance Committee and receive the standard compensation for non-employee directors. His appointment was not based on any prior arrangements or relevant transactions with the Company.

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