PayPal Announces New Employee Inducement Grants
PayPal Holdings (NASDAQ: PYPL) announced on September 19, 2022, the granting of equity awards to new employees under its 2022 Inducement Equity Incentive Plan on September 15, 2022. These awards were approved by the Compensation Committee of the Board of Directors. The plan is intended to attract talent to support PayPal's position in the digital payment landscape, which serves 429 million consumers and merchants globally.
- Equity awards granted to new employees may enhance talent retention.
- New hires could bring fresh perspectives and bolster innovation.
- None.
SAN JOSE, Calif., Sept. 19, 2022 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced it has granted equity awards on September 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 429 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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