PayPal appoints new Chief Enterprise Services Officer

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PayPal appoints new Chief Enterprise Services Officer
Credit: © Reuters.

SAN JOSE, Calif. - PayPal (NASDAQ: PYPL ) Holdings, Inc. (NASDAQ: PYPL) announced today the appointment of Aaron J. Webster as the company's new Executive Vice President, Chief Enterprise Services Officer, set to begin on March 18. Webster's role will encompass overseeing global financial crime and fraud prevention, regulatory and government relations, as well as risk and compliance management.

Webster brings a wealth of experience from his prior position at SoFi (NASDAQ: SOFI ), where he served as Chief Risk Officer and Global Head of Operations and Latin America. During his tenure at SoFi, he was instrumental in preparing SoFi Bank, NA for launch and growth, scaling global operations, and expanding the company's footprint in Latin America to enhance financial inclusion.

Prior to his role at SoFi, Webster held several executive positions at notable companies such as Citi, Toyota (NYSE: TM ), and GE Capital. His track record includes significant contributions to risk management and global operations, which are expected to benefit PayPal's commitment to secure and trustworthy financial services.

Alex Chriss, President and CEO of PayPal, expressed confidence in Webster's ability to contribute to the company's growth and the enhancement of customer relationships through effective risk management. Chriss highlighted Webster's reputation and expertise in the financial services sector.

Webster commented on his new role, emphasizing PayPal's dedication to risk and compliance excellence and global financial crime prevention, and expressed his enthusiasm to join the team.

PayPal, a company with over 25 years of history, is recognized for creating innovative financial experiences and empowering consumers and businesses in roughly 200 markets worldwide. This appointment is part of PayPal's ongoing efforts to maintain its position as a trusted leader in the financial services industry.

The information for this report is based on a press release statement from PayPal Holdings, Inc.

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