PayPal announces senior Intuit exec Alex Chriss as new CEO

From TechCrunch: PayPal is gaining a new CEO, the payments giant announced this morning. Effective September 27, 2023, senior Intuit executive Alex Chriss will become PayPal’s President and CEO, replacing current CEO Dan Schulman, members of PayPal’s board shared this morning in a press release.

The appointment was made after a months-long CEO search process focused on finding a new leader for who had experience with global payments, product and technology.

Like Schulman, Chriss was a long-serving member of his former employer, having joined Intuit 19 years ago, then growing his responsibilities over time. Since January 2019, he served as Executive Vice President and General Manager of Intuit’s Small Business and Self-Employed Group, responsible for more than half of Intuit’s revenue. He’s overseen a global organization with thousands of employees tasked with delivering products like QuickBooks and Mailchimp to thousands of customers.

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