PayPal names Srini Venkatesan as chief technology officer

PayPal Holdings (PYPL) earlier announced the appointment of Srini Venkatesan as Chief Technology Officer, effective June 24, reporting to PayPal President and CEO Alex Chriss. In this role, Venkatesan will lead the development and implementation of technology across the entire PayPal ecosystem, including analytics and data science, artificial intelligence and machine learning, information security, infrastructure operations, and product engineering. “Srini is a seasoned technologist and leader with a successful track record of building and scaling technology organizations, from early-stage startups to the world’s largest retailer,” said Chriss. Venkatesan joins PayPal from Walmart (WMT) where he most recently led the U.S. Omni Platforms and Tech organization. Archie Deskus, who currently serves as PayPal’s Chief Technology Officer, has decided to leave PayPal.