🔍 PayPal shares are climbing today!🚀
PayPal $PYPL+2.7% announced the appointment of Aaron J. Webster to the position of Executive Vice President and Chief Enterprise Services Officer. Shares are reacting by rising more than 3 %. Aaron brings a wealth of risk management and global operations experience that has earned him recognition at some of the world's most prominent companies.
PayPal
PYPLAlex Chriss, President and CEO of PayPal, said : "Aaron is a highly respected executive with extensive experience in risk management and global operations. He has a deep understanding of the financial services industry and his approach to improving customer relationships is invaluable. I believe that Aaron will bring PayPalu "He will bring tremendous value to Paypal and help it strengthen its leadership position in the industry."
Prior to joining PayPal,Aaron worked at SoFi $SOFI+7.2% where he was instrumental in building integrated risk management and expanding global operations. Prior to that, he held key positions at Citigroup $C+2.2%, Toyota $TM+2.2% and GE Capital.
Websterhimself said : "It is a great privilege to join the team PayPal and contribute my knowledge to protect our customers and drive innovation in global commerce."
PayPal has been changing the way people do business around the world for over 25 years. Through innovative expertise, it enables the simple, personalized and secure movement of money, contributing to the prosperity of individuals and businesses in 200 markets around the world.
In other important news, CEO Alex Chrissannounced that all Cash Flow (free cash flow) of the company will be used for share buybacks! 🔄💰
What do you think of the company PayPal and these exciting moves?
Isanyone following the happenings around SoFi $SOFI+7.2%, thecompany that the aforementioned Aaron Webster used to work for ?
Great news for me, just last week I wrote a post about Paypal and was talked out of it, I'm glad I put my own judgement and analysis into this.
I just doubled my position in $SOFI+7.2% yesterday. Webster will definitely be an asset to PayPal.
Well, another good report and work by the CEO, as Karl writes, I don't think they will ever reach their ATH either, but then again, never say never, of course they would get to a price of around $100 again, so why not and I will be glad for that because I have some investment in some of that. I'm not buying any more for now though, my average purchase is $62.