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PayPal Splits into Checkout, Venmo, Crypto Units.

4/30/2026

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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.