PayPal Announces New Employee Inducement Grants
PayPal Holdings announced on November 15, 2022, the granting of equity awards to new employees under its 2022 Inducement Equity Incentive Plan. These awards were approved by PayPal's Compensation Committee, aiming to attract and retain talent within the company. This initiative is part of PayPal's broader strategy to maintain its leadership in the digital payment industry, serving over 430 million users globally.
- Equity awards aimed at attracting and retaining new talent.
- Approval by the Compensation Committee indicates strategic alignment.
- None.
SAN JOSE, Calif., Nov. 17, 2022 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced it has granted equity awards on November 15, 2022, under its 2022 Inducement Equity Incentive Plan (the "Plan") to new employees who joined PayPal. The grants were previously approved by the Compensation Committee of the Board of Directors of PayPal Holdings, Inc. Information regarding the equity awards can be found on the company's investor relations website at: https://investor.pypl.com/news-and-events/news/
PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 430 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit https://www.paypal.com.
Media Contact:
mediarelations@paypal.com
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SOURCE PayPal Holdings, Inc.
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