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PayPal Announces Strategic Reorganization to Accelerate Growth

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SAN JOSE, Calif., April 29, 2026 /PRNewswire/ — PayPal Holdings, Inc. (NASDAQ: PYPL) today announced a strategic reorganization of its business and executive leadership team to accelerate execution of its long-term growth priorities, streamline decision-making, and drive innovation. As part of the reorganization, PayPal will transition to a simplified three-business operating model: Checkout Solutions & PayPal, Consumer Financial Services & Venmo, and Payment Services & Crypto.

The company also announced several leadership appointments:

Frank Keller appointed President, Checkout Solutions & PayPalAlexis Sowa appointed interim lead, Consumer Financial Services & VenmoJeff Pomeroy appointed interim lead, Payment Services & CryptoAntonio Lucio joins PayPal as Chief Marketing & Corporate Affairs OfficerAnshu Bhardwaj appointed Chief AI Transformation & Simplification Officer

“To accelerate growth and unlock our full potential, we need to recommit to our fundamentals—getting much closer to the consumer, aligning the company around three strong businesses, simplifying how we work, sharpening accountability, and prioritizing operational excellence,” said Enrique Lores, President and CEO, PayPal. “By aligning our structure with our strategy in this simplified approach, we will be better equipped to drive sustainable growth and value creation for PayPal, our customers, and our shareholders.”

The Checkout Solutions & PayPal business will bring together the company’s consumer and merchant ecosystems under a unified strategy. Consumer Financial Services & Venmo will build on Venmo’s strong momentum and expand it into a broader consumer financial services platform. The Payment Services & Crypto division will unify the company’s processing and platform capabilities – including Braintree, SMB processing, value-added services, and crypto (including PYUSD) – into a single, scalable offering for merchants.

Diego Scotti, who served as EVP and General Manager, Consumer Group, is leaving PayPal to begin his next chapter. During his tenure, Scotti drove the acceleration of Venmo’s growth and monetization and led the launch of new products and businesses, including PayPal Everywhere, PayPal+, and PayPal Ads. Michelle Gill, who served as EVP and General Manager, Small Business & Financial Services Group, will also depart PayPal. Gill strengthened the company’s capabilities in small business, financial services, and agentic commerce by simplifying how small businesses transact across channels, expanding flexible payment options like buy now, pay later, and establishing the company’s foundation in AI-driven payment experiences.

The company will provide additional details on the new operating model during its earnings call on May 5.

About PayPal
Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit https://www.paypal.com, https://about.pypl.com/, and https://investor.pypl.com/.

Forward-Looking Statements
This announcement contains “forward-looking” statements within the meaning of applicable securities laws relating to, among other things, the Company’s plans with respect to its business structure and operating model, and the anticipated benefits. Forward looking statements may be identified by words such as “may,” “will,” “would,” “should,” “could,” “expect,” “anticipate,” “believe,” “estimate,” “intend,” “continue,” “strategy,” “future,” “opportunity,” “plan,” “project,” “forecast,” and other similar expressions. Forward-looking statements involve risks and uncertainties which may cause actual results to differ materially from the statements made, and, accordingly, readers should not place undue reliance on forward-looking statements and information.

More information about these and other factors that could adversely affect PayPal’s results of operations, financial condition and prospects or that could cause actual results to differ materially from those expressed or implied in forward-looking statements can be found in PayPal Holdings, Inc.’s most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other filings with the Securities and Exchange Commission (the “SEC”), and its future filings with the SEC. The forward-looking statements contained in this announcement speak only as of the date hereof. PayPal expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the expectations with regard thereto or any change in events, conditions, or circumstances on which any such statement is based.

Investor Relations Contact:
investorrelations@paypal.com

Media Relations Contact:
mediarelations@paypal.com

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SOURCE PayPal Holdings, Inc.

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Holderness & Bourne Tees Up eCommerce Growth with Barrett Distribution Centers

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FRANKLIN, Mass., June 19, 2026 /PRNewswire/ — Barrett Distribution Centers, a leading third-party logistics provider specializing in eCommerce fulfillment, announced a new partnership with Holderness & Bourne, a premium lifestyle brand known for its sophisticated men’s golf apparel and commitment to quality craftsmanship.

“Having worked with Barrett previously, I knew they had the experience, flexibility and operational expertise we needed as our business continued to grow,” said Sean Eaton, director of operations at Holderness & Bourne. “Their team’s responsiveness, strategic location and ability to quickly scale a solution made them the right partner to support our inventory and fulfillment requirements. We’re excited to continue building on that relationship as our business evolves.”

Barrett’s extensive experience supporting apparel and accessory brands, combined with its ability to provide scalable warehouse space, technology solutions and managed transportation services, positioned the company to support Holderness & Bourne’s expedited onboarding and future growth initiatives.

“Barrett is thrilled to step onto the fairway with Holderness & Bourne, a fast-growing premium golf apparel brand with a recognizable name and a loyal following among golfers who know quality when they see it,” said Mark Healy, vice president of customer solutions at Barrett. “Holderness & Bourne’s commitment to quality and customer satisfaction aligns perfectly with our focus on delivering dependable, flexible and scalable fulfillment solutions. We look forward to supporting their continued growth and serving as a trusted partner for years to come.”

Holderness & Bourne is now live at Barrett’s Hillsborough, N.J., fulfillment facility, where Barrett provides inventory staging and replenishment services in support of the brand’s New York operations. Located near Holderness & Bourne’s headquarters, the facility offers the space, technology and transportation resources needed to support the brand’s continued growth.

About Holderness & Bourne

Holderness & Bourne is a premium lifestyle brand focused on men’s golf apparel. It was founded around 2015 by Alex Holderness and John Bourne and centers on classic, refined golf-inspired style with modern fit and performance. Discover sophisticated, modern golf apparel crafted with premium fabrics designed for performance and comfort on the course and off. If you’re seeking golf apparel brands that prioritize craftsmanship and timeless design, our commitment to quality and fit speaks for itself.  

About Barrett Distribution Centers

Since 1941, Barrett has provided customized third-party logistics (3PL), direct-to-consumer (DTC) eCommerce fulfillment, omnichannel distribution, managed transportation solutions and retail compliance for clients across all industries, with a focus on apparel & footwear, health & beauty, consumer packaged goods (CPG) and education. Barrett continues to be a leading 3PL provider in North America, known for superior execution, customer engagement and direct access to senior leadership decision-makers. As a member of Inc.’s fastest-growing companies list 15+ times, Barrett is big enough to do the job and still small enough to deeply care about your business. Brands interested in a new 3PL partnership may contact Barrett directly here.

Media Contact:

Faith Artieda
Marketing Content Specialist
Faith.artieda@barrettdistribution.com

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SOURCE Barrett Distribution Centers Inc.

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Trial Attorney Clint Zalas of South Bend Explains Why Cases Often Take Longer Than Expected for HelloNation

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SOUTH BEND, Ind., June 19, 2026 /PRNewswire/ — Why do personal injury cases take longer than many people expect? A HelloNation article answers this question with insights from Personal Injury Attorney Clint Zalas of Lee & Zalas, P.C. in South Bend. The article explains that while delays can feel frustrating, the personal injury case timeline often protects injured individuals by ensuring accuracy and fairness in the settlement process.

The first factor the article discusses is investigation. A strong case requires photographs, medical records, witness statements, and sometimes expert evaluations. Collecting and reviewing this accident recovery evidence takes time, but it strengthens the foundation of the claim. If attorneys or claimants rush through this stage, they risk weakening the case and limiting the eventual injury settlement.

Medical treatment delays also extend the personal injury case timeline. According to the HelloNation article, the true scope of injuries often reveals itself over weeks or months. Recovery may require physical therapy, surgery, or long-term care. Settling before treatment concludes can prevent injured parties from recovering fair compensation for future expenses. Once finalized, an injury settlement cannot be reopened to account for additional medical costs or lost wages.

Insurance company negotiations create another layer of complexity. Adjusters carefully review claims, request documentation, and sometimes demand independent medical evaluations. Each exchange between the injured party and the insurer adds time. However, as the article explains, these negotiations help ensure that the settlement reflects the full cost of accident recovery rather than a rushed or incomplete figure.

The HelloNation feature warns against quick settlements. While they may feel satisfying at first, they often fail to cover long-term needs. For example, an injury that initially appears temporary may become chronic. Lost wages may continue if the person cannot return to work. By waiting, injured individuals make sure these realities factor into their personal injury litigation or settlement discussions.

Court schedules can also extend the process. If a case enters litigation, hearings, depositions, and trial dates must align with the court’s availability. This stage can be time-consuming, but it applies pressure on insurance companies to negotiate fairly. Many cases settle before trial, yet the possibility of litigation serves as an important safeguard in achieving full compensation.

The article highlights how expectations often differ from reality. Many people assume they will receive a check within weeks of filing a claim. In truth, personal injury law prioritizes fair compensation over speed. A thorough personal injury case timeline ensures that accident recovery costs, medical treatment delays, and future expenses are considered.

The HelloNation article also explains that rushing to accept an early offer can leave individuals paying for expenses they never anticipated. Quick settlements often fail to account for ongoing therapy, future surgeries, or extended time away from work. Building a complete case with medical documentation and evidence, though time-consuming, gives claimants the strongest chance of receiving a fair settlement.

Patience plays a key role throughout the process. The article states that waiting allows the injured person, their attorney, and the insurance company to see the full impact of the accident. While the delays can feel difficult, they ultimately protect the injured party from being pressured into unfair agreements. In personal injury litigation, accuracy ensures justice, even if it requires more time.

The article concludes that while a long personal injury case timeline can surprise claimants, it serves an important purpose. By gathering strong evidence, completing medical treatment, and negotiating thoroughly with the insurance company, injured people give themselves the best chance at full and fair compensation. A slower process often delivers a more secure outcome.

The full article, titled Why Personal Injury Cases Often Take Longer Than Expected, features the expertise of Personal Injury Expert Clint Zalas of Lee & Zalas, P.C. in South Bend and appears on HelloNation.

About HelloNation

HelloNation is a premier media platform that connects readers with trusted professionals and businesses across various industries. Through its innovative “edvertising” approach that blends educational content and storytelling, HelloNation delivers expert-driven articles that inform, inspire, and empower. Covering topics from home improvement and health to business strategy and lifestyle, HelloNation highlights leaders making a meaningful impact in their communities.

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SOURCE HelloNation

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Surfshark enhances its proprietary Dausos protocol to boost connectivity

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VILNIUS, Lithuania, June 19, 2026 /PRNewswire/ — Surfshark, a leading privacy protection company, has released a major upgrade to its proprietary VPN protocol, Dausos. This latest update drastically improves accessibility, connectivity rates, and network compatibility for users worldwide.

The primary focus of this update is to address the barriers on highly managed networks. Previously, users might have experienced difficulties connecting to Dausos on strict institutional firewalls — such as those found in schools, universities, and corporate environments. With this release, Surfshark has successfully implemented specialized network fixes, ensuring that Dausos has a better connectivity rate for users connecting in these environments.

“We want as many people as possible to experience the power of Dausos, which is why continuous improvement is our priority,” says Karolis Kaciulis, Leading System Engineer at Surfshark. “Responding directly to user feedback, this update fixes the connectivity issues some experienced in certain network environments.”

Surfshark Dausos: key benefits of the new protocol

Surfshark’s proprietary Dausos protocol revolutionizes the consumer VPN industry by delivering up to 30% faster speeds than current industry standards while future-proofing user privacy for the quantum era.

Unlike traditional VPNs that consolidate traffic through a single interface, Dausos is an audited architecture that automatically isolates user data into its own dedicated, private digital tunnel, eliminating packet interference and optimizing performance based on real-time network conditions.

On the security front, Dausos establishes full post-quantum security by utilizing a hybrid ML-KEM*X25519 key exchange and an advanced ML-DSA self-signed root certificate system to protect against future quantum computing threats. Furthermore, the protocol goes beyond standard security measures by integrating post-compromise security (ensuring compromised keys cannot leak future session data), port randomization to obscure connection paths, and high-speed AEGIS-256X2 cryptographic encryption for robust data integrity.

ABOUT SURFSHARK

Surfshark is a cybersecurity company offering products including an audited VPN, certified antivirus, data leak warning system, private search engine, and a tool for generating an online identity. Recognized as a leading VPN by CNET and TechRadar, Surfshark has also been featured on the FT1000: Europe’s Fastest Growing Companies ranking. Headquartered in the Netherlands, Surfshark has offices in Lithuania and Poland. For information on Surfshark’s operations and highlights, read our Annual Wrap-up. For more research projects, visit our research hub.

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SOURCE Surfshark B.V.

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