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PayPal | 8-K: PayPal Board Adopts and Approves Executive Departure Plan and Appoints Enrique Lores as New Independent Board Chairman

PayPal | 8-K: PayPal Board Adopts and Approves Executive Departure Plan and Appoints Enrique Lores as New Independent Board Chairman

PayPal | 8-K：PayPal董事会通过和批准高管离职计划并任命Enrique Lores为新任独立董事会主席
美股sec公告 ·  07/25 17:04
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On July 23, 2024, PayPal Holdings, Inc. announced the immediate resignation of John Donahoe as Chair and member of the Board of Directors. Donahoe had held the position since PayPal became an independent public company in 2015. His departure is not due to any disagreements with the company's operations, policies, or practices. Following his resignation, the Board appointed Enrique Lores, President and CEO of HP Inc. and a Board member since June 2021, as the new Chair. Additionally, on July 24, 2024, PayPal's Compensation Committee approved amendments to the Executive Change in Control and Severance Plan, which include changes to severance triggers and payments, and adjustments to restrictive covenants to align with current laws and governance practices. These amendments are detailed in the Restated Plan, which is attached to the report as Exhibit 10.1.
On July 23, 2024, PayPal Holdings, Inc. announced the immediate resignation of John Donahoe as Chair and member of the Board of Directors. Donahoe had held the position since PayPal became an independent public company in 2015. His departure is not due to any disagreements with the company's operations, policies, or practices. Following his resignation, the Board appointed Enrique Lores, President and CEO of HP Inc. and a Board member since June 2021, as the new Chair. Additionally, on July 24, 2024, PayPal's Compensation Committee approved amendments to the Executive Change in Control and Severance Plan, which include changes to severance triggers and payments, and adjustments to restrictive covenants to align with current laws and governance practices. These amendments are detailed in the Restated Plan, which is attached to the report as Exhibit 10.1.
2024年7月23日，paypal宣布John Donahoe立即辞去董事会主席和董事职务。自2015年paypal成为独立的公共公司以来，Donahoe一直担任该职务。他的离职不是因为与公司的运营、政策或做法有任何分歧。在他的辞职后，董事会任命惠普公司的总裁兼CEO、自2021年6月以来的董事会成员Enrique Lores为新主席。此外，在2024年7月24日，paypal的薪酬委员会批准了对《行政变更控制和离职计划》的修订，包括离职触发和支付的变更，并根据当前法律和治理实践调整限制性契约。这些修订在附录10.1中详细说明了重申计划。
2024年7月23日，paypal宣布John Donahoe立即辞去董事会主席和董事职务。自2015年paypal成为独立的公共公司以来，Donahoe一直担任该职务。他的离职不是因为与公司的运营、政策或做法有任何分歧。在他的辞职后，董事会任命惠普公司的总裁兼CEO、自2021年6月以来的董事会成员Enrique Lores为新主席。此外，在2024年7月24日，paypal的薪酬委员会批准了对《行政变更控制和离职计划》的修订，包括离职触发和支付的变更，并根据当前法律和治理实践调整限制性契约。这些修订在附录10.1中详细说明了重申计划。
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