Alex Chriss became the CEO of PayPal in September 2023 after a career at Intuit, where he helped grow popular products like QuickBooks and Mailchimp. His first year as CEO drew attention due to PayPal's decision not to pay him...
Alex Chriss became the CEO of PayPal in September 2023 after a career at Intuit, where he helped grow popular products like QuickBooks and Mailchimp. His first year as CEO drew attention due to PayPal's decision not to pay him a traditional bonus because performance targets were not met. Instead, they granted him stock that will vest over three years to keep him focused on long-term goals. Chriss is managing a massive operation that processed $1.53 trillion in payments last year, a clear indicator of the scale he is dealing with. He has big responsibilities, and results will be measured by metrics such as revenue growth and operating margins. He carries a safety net in the form of severance benefits if there's a major shift in the company. As a longtime tech expert with extensive experience in product leadership, Chriss is set to navigate exciting challenges and potential growth for PayPal. This reflects a new chapter for the company, emphasizing innovation and expansion.