'Intuit's Alex Chriss named new PayPal CEO' -CNBC Report
Portfolio Pulse from Benzinga Newsdesk
Alex Chriss, previously of Intuit, has been appointed as the new CEO of PayPal, according to a CNBC report.
August 14, 2023 | 1:15 pm
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POSITIVE IMPACT
PayPal has appointed Alex Chriss, formerly of Intuit, as its new CEO.
The appointment of a new CEO often brings fresh perspectives and strategies, which could potentially boost investor confidence and positively impact PayPal's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Intuit's executive Alex Chriss has left the company to become the new CEO of PayPal.
The departure of a key executive like Alex Chriss could potentially create a leadership vacuum at Intuit, which may negatively impact the company's stock in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50