PayPal Appoints Belinda Johnson to its Board of Directors
January 17 2017 - 12:30PM
Business Wire
PayPal Holdings, Inc. (NASDAQ: PYPL) today announced it has
appointed Belinda Johnson to its board of directors. Ms. Johnson is
a recognized attorney and business leader who has focused her
talents on crafting and directing policies and strategies that
enable high-growth, consumer-facing internet companies for more
than two decades. Ms. Johnson will serve on PayPal’s Audit
Committee. Her appointment was effective January 12, 2017.
Ms. Johnson is the Chief Business Affairs and Legal Officer at
Airbnb, a community marketplace for people to list, discover and
book unique accommodations and experiences around the world.
Founded in 2008, the privately-held company’s community marketplace
includes millions of listings in more than 50,000 cities and 191
countries. In her role, Ms. Johnson guides the company’s business
engagement and operational strategies, overseeing the global work
of the public policy, community mobilization, legal,
communications, compliance, social impact and employee experience
teams. She joined Airbnb in 2011 and has been a key leader in the
company’s growth from a small start-up to a global brand. Prior to
joining Airbnb, Ms. Johnson was the Deputy General Counsel at
Yahoo! and served as the General Counsel and Corporate Secretary at
Broadcast.com, one of the first companies to stream music over the
internet, which was acquired by Yahoo! in 1999 for $5.7
billion.
“The board of directors and the entire PayPal team join me in
welcoming Belinda to the board,” said Dan Schulman, president and
chief executive officer, PayPal. “Belinda has an impressive track
record of accomplishments, and is deeply experienced in high growth
markets driven by innovation. She will be a great addition to our
board and I look forward to her valuable contributions to
PayPal.”
“I’m honored and excited to serve on the board of PayPal, a
dynamic Silicon Valley innovator and global FinTech leader,” said
Belinda Johnson. “It’s a compelling opportunity to contribute to a
company that is not only achieving impressive business success, but
also delivering on a powerful social mission to democratize
financial services to create opportunity for people, businesses and
communities around the world.”
Ms. Johnson holds a BA and JD from the University of Texas and
was named one of Fast Company Magazine’s Most Creative People in
Business in 2016.
The appointment of Ms. Johnson will increase PayPal’s Board of
Directors to 10 members.
About PayPal
At PayPal (Nasdaq:PYPL), we put people at the center of
everything we do. Founded in 1998, we continue to be at the
forefront of the digital payments revolution. PayPal gives people
better ways to manage and move their
money, offering them choice and flexibility in how they
are able to send money, pay or get paid. We operate an
open, secure and technology
agnostic payments platform that
businesses use to securely transact with their
customers online, in stores and increasingly
on mobile devices. In 2015, 28% of the 4.9 billion
payments we processed were made on a mobile device. With
our 192 million active customer accounts, PayPal is a
truly global payments platform that is available to people in more
than 200 markets, allowing customers to get paid in more than
100 currencies, withdraw funds to their bank accounts in 56
currencies and hold balances in their PayPal accounts in 25
currencies. For more information on PayPal,
visit https://www.paypal.com/about. For PYPL financial
information, visit https://investor.paypal-corp.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170117006190/en/
PayPal Investor Relations Contact:Gabrielle
RabinovitchSenior Director, Investor
Relationsgrabinovitch@paypal.comorPayPal Media Relations
Contact:Amanda Miller, 408-219-0563Director, Corporate
Communicationsamanmiller@paypal.com
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