SAN
JOSE, Calif., Dec. 6, 2023
/PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today
announced the appointment of Suzan Kereere as President, Global
Markets, effective January 1, 2024.
She will have end-to-end accountability for leading PayPal's local
businesses and growth strategies in the markets around the world
where the company operates to ensure seamless execution and drive
profitable growth. This includes overseeing the global sales and
distribution of PayPal's products and services, helping to drive
PayPal's position as a leading digital payment partner for
businesses and consumers around the world.
"Suzan is a highly accomplished executive with extensive
experience leading global payments and technology platforms and
businesses at Fortune 100 companies around the world," said
Alex Chriss, President and CEO of
PayPal. "Throughout her more than 30-year career, she's led
successful transformation, sales, and customer initiatives with a
proven track record of championing a more inclusive culture in the
workplace, maximizing value for customers, and driving growth. I'm
thrilled to welcome Suzan to the PayPal team."
Kereere will join PayPal from Fiserv where she currently leads
Global Business Solutions, the company's merchant-focused
offerings. Kereere previously served as Fiserv's Chief Growth
Officer, leading strategy and business development to enhance
customer value and accelerate growth across the enterprise. Prior
to Fiserv, she held executive leadership roles in global merchant
sales and acquiring at Visa from 2016 to 2021, which included
scaling Visa's value-added services with new client segments, as
well as leading small business recovery efforts over the course of
the pandemic. Kereere served in leadership positions at American
Express from 1988 to 2016, including as head of its U.S. National
Merchant Business and Global Network Business. She earned a
bachelor's degree in economics from Tufts
University, and an M.B.A. from Columbia
University Business School. Kereere serves on the board of
directors for 3M and the and on the
board of trustees of the Alvin Ailey American Dance
Theater.
"I've dedicated my career to driving innovation in the payments
industry and have long been inspired by PayPal," said Kereere. "I'm
delighted to join PayPal to serve this iconic brand and deliver on
the mission to empower consumers and businesses to reach their full
potential."
Peggy Alford, who currently
serves as PayPal's Executive Vice President, Global Sales and
Merchant Services, will transition from her current role at the end
of the year and depart PayPal in January. Alford has worked at
PayPal for more than 11 years and during that time has made
meaningful contributions through numerous senior leadership roles
across the business.
About PayPal
PayPal has remained at the forefront of the digital payment
revolution for more than 20 years. By leveraging technology to make
financial services and commerce more convenient, affordable, and
secure, the PayPal platform is empowering hundreds of millions of
consumers and merchants in more than 200 markets to join and thrive
in the global economy. For more information, visit
https://www.paypal.com, https://about.pypl.com/, and
https://investor.pypl.com/.
Investor Relations Contact:
Ryan Wallace, ryanwallace@paypal.com
Media Relations Contact:
Josh Criscoe, jcriscoe@paypal.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/paypal-names-suzan-kereere-as-president-of-global-markets-302006806.html
SOURCE PayPal Holdings, Inc.