PayPal fires CEO Alex Chriss as branded checkout falters [Yahoo! Finance]
HP Inc. (HPQ)
Last hp inc. earnings: 2/24 04:05 pm
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Source: Yahoo! Finance
What's at stake : Branded checkout, a key performance metric for PayPal, has underperformed in recent quarters, with growth diving sharply in the fourth quarter. Forward look : PayPal says the new CEO's experience leading technology transformations at HP will contribute to his work at PayPal. PayPal's inability to improve performance in e-commerce merchant payments that carry PayPal's brand has caused a management shakeup, as the company will replace CEO Alex Chriss with HP CEO Enrique Lores, effective March 1. Lores has been the chair of PayPal's board for 18 months and has been on PayPal's board for five years. At HP, he led the company through a technology transition, including expanding the business beyond its traditional PC and printing roots into services, subscriptions and AI. PayPal announced the change prior to Tuesday's earnings announcement, which showed a sharp decline in branded checkout, which accounts for about half of PayPal's profits, the company said during it
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News
- PayPal Stock Is Now Deep in Oversold Territory. Should You Buy the Dip After 8-Day Losing Streak? [Yahoo! Finance]Yahoo! Finance
- PayPal Stock Crashes After Weak Outlook and CEO Shake-Up [Yahoo! Finance]Yahoo! Finance
- Wall Street Lunch: PayPal Plunges As It Ousts CEO [Seeking Alpha]Seeking Alpha
- PayPal bulls set to win big as spooked investors 'puke in the hole': Analyst [Yahoo! Finance]Yahoo! Finance
- HP and Karamba Security Sign Multi-Year Licensing Agreement to Protect HP’s Printers GlobeNewswire
HPQ
Earnings
- 11/25/25 - Beat
HPQ
Sec Filings
- 2/3/26 - Form 8-K
- 12/30/25 - Form 4
- 12/29/25 - Form 8-K/A
- HPQ's page on the SEC website