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Story summary
- PayPal Holdings announced a reorganization into three operating units under CEO Enrique Lores.
- The units are Checkout Solutions & PayPal, Consumer Financial Services & Venmo, and Payment Services & Crypto.
- Frank Keller became President of Checkout Solutions & PayPal while Alexis Sowa and Jeff Pomeroy were named interim leads of the other two units.
- Antonio Lucio and Anshu Bhardwaj joined as chief officers ahead of a May 5 earnings call.
