PayPal replaces CEO as board warns ‘pace of change’ not fast enough

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Why This Matters

PayPal has appointed Enrique Lores as its new CEO, replacing Alex Chriss, amid concerns that the company's pace of change is not fast enough.

Market Impact

Market impact analysis based on bearish sentiment with 70% confidence.

Sentiment
Bearish
AI Confidence
70%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

US digital payments company appoints former board chair Enrique Lores to replace Alex Chriss

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Full article on Financial Times
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Original article published by Financial Times on February 3, 2026.
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