The new head of PayPal will be a former top manager of software developer Intuit – Kommersant
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American payment service PayPal announced that Alex Criss would be its new CEO and President. Prior to that, he led the small business division of Intuit, a financial software developer. Mr. Criss will replace current PayPal CEO Dan Shulman at the end of September.
The change of the general director did not come as a surprise – back in February, Mr. Shulman announced his intention to leave the post before the end of the year. At the same time, the search for a candidate for this position began. Dan Shulman has led PayPal since 2015, when eBay spun off the service into a separate company.
PayPal shares rose 2% on Monday.
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