{"id":3693539,"date":"2026-04-29T18:43:17","date_gmt":"2026-04-29T22:43:17","guid":{"rendered":"https:\/\/www.pymnts.com\/?p=3693539"},"modified":"2026-04-29T21:32:18","modified_gmt":"2026-04-30T01:32:18","slug":"paypal-reorganizes-around-3-business-units","status":"publish","type":"post","link":"https:\/\/www.pymnts.com\/personnel\/2026\/paypal-reorganizes-around-3-business-units\/","title":{"rendered":"PayPal Reorganizes in Bid to Revive Growth"},"content":{"rendered":"<p><a href=\"https:\/\/investor.pypl.com\/home\/\">PayPal Holdings<\/a> announced a reorganization that includes a new three-business operating model and five leadership appointments.<\/p><div\r\n\tid=\"article-paywall-overlay\"\r\n\tclass=\"d-none\"\r\n>\r\n\t<div id=\"article-paywall-content\" class=\"my-4\">\r\n\t\t\n<div class=\"wpcf7 no-js\" id=\"wpcf7-f2699550-o1\" lang=\"en-US\" dir=\"ltr\" data-wpcf7-id=\"2699550\">\n<div class=\"screen-reader-response\"><p role=\"status\" aria-live=\"polite\" 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href=\"https:\/\/pymnts-com-develop.go-vip.net\/terms-conditions\/\">Terms and Conditions<\/a>.\n\t\t\t\t<\/p>\n\t\t\t\t<p><input id='hiddenPath' type='hidden' name='path' value='' \/><input type='hidden' name='userDeviceId' id='userDeviceId' \/><input type='hidden' name='pageTitle' id='pageTitle' \/>\n\t\t\t\t<\/p>\n\t\t\t<\/div>\n\t\t\t<div class=\"col-12\">\n\t\t\t\t<div id='formButtonRow' class='container mt-1 px-0'>\n\t\t\t\t\t<p><input class=\"wpcf7-form-control wpcf7-submit has-spinner btn btn-dark text-uppercase py-2 px-5 small\" id=\"theSubmitButton\" type=\"submit\" value=\"Submit\" \/>\n\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/div><input type=\"hidden\" name=\"post_id\" value=\"3693539\" \/><input type=\"hidden\" name=\"source\" value=\"https:\/\/www.pymnts.com\/personnel\/2026\/paypal-reorganizes-around-3-business-units\/\" \/><p style=\"display: none !important;\" class=\"akismet-fields-container\" data-prefix=\"_wpcf7_ak_\"><label>&#916;<textarea name=\"_wpcf7_ak_hp_textarea\" cols=\"45\" rows=\"8\" maxlength=\"100\"><\/textarea><\/label><input type=\"hidden\" id=\"ak_js_1\" name=\"_wpcf7_ak_js\" value=\"211\"\/><script>document.getElementById( \"ak_js_1\" ).setAttribute( \"value\", ( new Date() ).getTime() );<\/script><\/p><div class=\"wpcf7-response-output\" aria-hidden=\"true\"><\/div>\n<\/form>\n<\/div>\n\r\n\t<\/div>\r\n<\/div>\r\n<div id=\"article-paywall-hidden-content\">\r\n\t\n<p>The company\u2019s three businesses are checkout solutions and PayPal, which includes its consumer and merchant ecosystems; consumer financial services and Venmo, which will expand <a href=\"https:\/\/venmo.com\/\">Venmo<\/a> into a broader consumer financial services platform; and payment services and crypto, which brings together the company\u2019s processing and platform capabilities, PayPal said in a Wednesday (April 29)\u00a0<a href=\"https:\/\/newsroom.paypal-corp.com\/2026-04-29-PayPal-Announces-Strategic-Reorganization-to-Accelerate-Growth\">press release<\/a>.<\/p>\n<p>The leadership appointments announced Wednesday include\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/fkeller\">Frank Keller<\/a> as president of checkout solutions and PayPal, <a href=\"https:\/\/www.linkedin.com\/in\/alexissowa\">Alexis Sowa<\/a> as interim lead of consumer financial services and Venmo, and <a href=\"https:\/\/www.linkedin.com\/in\/jpomie\">Jeff Pomeroy<\/a> as interim lead of payment services and crypto.<\/p>\n<p>In addition, Antonio Lucio joins PayPal as chief marketing and corporate affairs officer, and\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/anshubhardwaj?trk=public_post_feed-actor-name\">Anshu Bhardwaj<\/a> has been appointed chief artificial intelligence (AI) transformation and simplification officer.<\/p>\n<p>Two executives will depart PayPal:\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/diego-scotti-4959222\">Diego Scotti<\/a>, who served as executive vice president and general manager of the consumer group, and <a href=\"https:\/\/about.pypl.com\/who-we-are\/executive-leadership\/Michelle-Gill\/\">Michelle Gill<\/a>, who served as executive vice president and general manager of the small business and financial services group.<\/p>\n<p>Speaking of the reorganization, PayPal President and CEO\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/enriquelores\">Enrique Lores<\/a>\u00a0said in the press release: \u201cTo accelerate growth and unlock our full potential, we need to recommit to our fundamentals \u2014 getting much closer to the consumer, aligning the company around three strong businesses, simplifying how we work, sharpening accountability and prioritizing operational excellence. By aligning our structure with our strategy in this simplified approach, we will be better equipped to drive sustainable growth and value creation for PayPal, our\u00a0customers\u00a0and our shareholders.\u201d<\/p><div id=\"pymnt-2040567969\" class=\"pymnt-content pymnt-entity-placement\" style=\"margin-top: 50px;\"><p style=\"text-align:center\">Advertisement: Scroll to Continue<\/p><script async type=\"text\/javascript\" id=\"dianomi_context_script\" src=\"https:\/\/www.dianomi.com\/js\/contextfeed.js\"><\/script> \r\n<div class=\"dianomi_context\" data-dianomi-context-id=\"4329\"><\/div><\/div>\n<p>Lores became president and CEO of PayPal on March 1, in a\u00a0<a href=\"https:\/\/www.pymnts.com\/personnel\/2026\/paypal-names-enrique-lores-ceo-starting-march-1-replacing-alex-chriss\/\">leadership change<\/a>\u00a0that the company\u2019s board announced Feb. 3 during a fourth quarter earnings call. Lores had served on PayPal\u2019s board for\u00a0nearly five\u00a0years and had been board chair since July 2024.<\/p>\n<p>The leadership change followed a board review that found \u201csome progress\u201d but concluded that the pace of change and execution \u201cwas not in line with the board\u2019s expectations,\u201d the company said at the time\u00a0in\u00a0a press release.<\/p>\n<p>PYMNTS reported at the time that PayPal found itself in a\u00a0<a href=\"https:\/\/www.pymnts.com\/earnings\/2026\/paypal-shares-sink-amid-online-branded-checkout-headwinds\/\">transition<\/a>\u00a0year with a\u00a0reworking of\u00a0strategy while growth was\u00a0cooling\u00a0and there was a deceleration in its online branded checkout franchise.<\/p>\n\r\n<\/div>\r\n<script>\r\n\twindow.pymntsAllowedArticleCount = 2;\r\n\twindow.pymntsPostID = 3693539;\r\n<\/script>","protected":false},"excerpt":{"rendered":"<p>PayPal Holdings announced a reorganization that includes a new three-business operating model and five leadership appointments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content \u2014 no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3656028,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[17754],"tags":[4577,9186,9206,4107,133069,6467,5299],"class_list":["post-3693539","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-personnel","tag-cryptocurrency","tag-instant-payments","tag-news","tag-paypal","tag-pymnts-news","tag-venmo","tag-whats-hot"],"acf":{"suggested_titles":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.2 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>PayPal Reorganizes in Bid to Revive Growth<\/title>\n<meta name=\"description\" content=\"PayPal Holdings announced a reorganization that includes a new three-business operating model and five leadership appointments.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pymnts.com\/personnel\/2026\/paypal-reorganizes-around-3-business-units\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PayPal Reorganizes in Bid to Revive Growth | PYMNTS.com\" \/>\n<meta property=\"og:description\" content=\"PayPal Holdings announced a reorganization that includes a new three-business operating model and five leadership appointments. 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