PayPal said its board appointed Carmine Di Sibio as a director on June 25, 2024. The appointment takes effect on July 1, 2024.

1. 01

   PayPal said its board appointed Carmine Di Sibio as a director on June 25, 2024. The appointment takes effect on July 1, 2024.

2. 02

   The company said Di Sibio will fill a vacancy created by expanding the board from 11 to 12 members. His term runs until the 2025 annual meeting of stockholders or until his successor is elected and qualified.

3. 03

   The company also said the board appointed Di Sibio to the Audit, Risk and Compliance Committee effective July 1, 2024. As a non-employee director, he will receive compensation described in the Director Compensation section of the definitive proxy statement filed on April 9, 2024.

4. 04

   PayPal said there is no arrangement or understanding between Di Sibio and any other person under which he was appointed as a director. It also said there are no transactions involving the company in which Di Sibio had an interest that must be reported under Regulation S-K Item 404(a).

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.