Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 3, 2023, Jeffrey Karbowski, Vice President and Chief Accounting
Officer, notified PayPal Holdings, Inc. (the "Company") of his decision to
resign from the Company effective February 10, 2023 to pursue another
opportunity. Mr. Karbowski's resignation does not reflect any dispute or
disagreement with the Company. Gabrielle Rabinovitch, Acting Chief Financial
Officer and SVP, Investor Relations and Treasurer, has been designated as the
Company's principal accounting officer on an interim basis effective upon
Mr. Karbowski's departure.
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