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PayPal replaces its CEO with the former head of HP.

The Verge •
February 03, 2026 • 01:39 PM
• By Emma Roth
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Enrique Lores will head up PayPal after spending over six years as the president and CEO of HP, according to an announcement on Tuesday. Lores is taking over for Alex Chriss, who became the CEO of PayPal in 2023 as part of the company’s push into crypto. [Link: PayPal Appoints Enrique Lores as Chief Executive Officer | https://investor.pypl.com/news-and-events/news-details/2026/PayPal-Appoints-Enrique-Lores-as-Chief-Executive-Officer-and-David-W--Dorman-as-Independent-Board-Chair/default.aspx | PayPal Investor Relations]

PayPal replaces its CEO with the former head of HP.

Enrique Lores will head up PayPal after spending over six years as the president and CEO of HP, according to an announcement on Tuesday. Lores is taking over for Alex Chriss, who became the CEO of PayPal in 2023 as part of the company’s push into crypto.

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