About Alex Chriss
Alex Chriss has been appointed as the new CEO and president of PayPal, replacing long-serving Dan Schulman. With almost 20 years of experience at Intuit, Chriss led the global financial technology platform through strategic acquisitions and expansion of its customer base. His appointment follows an extensive search for a next-generation leader with expertise in global payments, product, and technology. Chriss has a strong focus on supporting small and medium businesses and entrepreneurs, which aligns with PayPal’s mission.
Chriss’ Achievements at Intuit
During his tenure at Intuit, Chriss held various roles, including executive vice president and general manager of small businesses and self-employed group. Under his leadership, the small business arm experienced significant growth, increasing customers and revenues by compound annual rates of 20% and 23% respectively. Small businesses form a crucial part of Intuit’s overall revenue, and Chriss played a pivotal role in driving their success.
The Perfect Leader for PayPal
Alex Chriss’ extensive experience in product development, customer service, and empowering small businesses makes him the ideal leader to drive PayPal’s growth opportunities. With PayPal recently launching its own stablecoin, PYSD, Chriss’ expertise in small businesses and financial freedom will be particularly valuable. His track record of inspiring teams and his passion for serving customers will contribute to PayPal’s continued success.
The Future of PayPal
With his official start date set for September 27th, Alex Chriss will not only take on the role of CEO and president but also join PayPal’s board. Former CEO Dan Schulman will remain on the board until the next annual stockholder meeting in May. The appointment of Chriss represents a new chapter for PayPal, with a focus on driving growth, supporting small businesses, and expanding its reach to a younger demographic.
