PayPal 's new CEO will be Alex Chriss, the executive who runs the small business and self-employed group at Intuit, members of PayPal's board announced Monday.
Chriss will take over for PayPal's longtime CEO Dan Schulman beginning Sept. 27.
PayPal's board said Chriss was chosen for the role out of a pool of nine candidates.
The board members said the firm had no role in the search.
Schulman became PayPal's CEO after the split from eBay in 2015, and he notified the company of his decision to retire at the end of December last year.
Persons:
Alex Chriss, Chriss, Dan Schulman, Schulman, Dan, PayPal's, Elliott
Organizations:
PayPal, Intuit, Elliott Management, eBay