PayPal Stock Is Falling. It’s Not Because Its CFO Is Leaving for Walmart.

The payments company said John Rainey will remain with it until late May to ensure an orderly transition. Read More...


What CFO Departure Means for PayPal Stock

There is a big change taking place in the PayPal (PYPL) C-suite. On Tuesday, the company announced the departure of CFO and EVP of Global Customer Operations, John Rainey, who leaves to take on the role of CFO at Walmart. While the digital payments giant continues its search for a permanent replacement, current SVP of corporate finance and IR Gabrielle Rabinovitch will become interim CFO. Aaron Karczmer, who presently leads Risk, Platform Services, and Legal will become the EVP of Global Custome

Read More