Why is the Chief Accounting Officer resigning?

Jeffrey Karbowski is resigning to pursue another opportunity outside of PayPal.

Are there any issues or disagreements related to Mr. Karbowski's departure?

No, the company has stated that his resignation does not reflect any dispute or disagreement with PayPal.

Who will be responsible for the Chief Accounting Officer role on an interim basis?

Gabrielle Rabinovitch, who currently holds the positions of Acting Chief Financial Officer and SVP, Investor Relations and Treasurer, will serve as the interim principal accounting officer.

When will Mr. Karbowski's resignation be effective?

His resignation is effective February 10, 2023.

PYPL 8-K: Leadership Changes

Summary

This 8-K filing from PayPal Holdings, Inc. announces the resignation of its Vice President and Chief Accounting Officer, Jeffrey Karbowski, effective February 10, 2023. Mr. Karbowski is leaving to pursue another opportunity, and his departure is stated to be without any dispute or disagreement with the company. This change in a key financial reporting role may be of interest to investors concerned with financial oversight and stability.

Key Highlights

1Chief Accounting Officer Jeffrey Karbowski is resigning, effective February 10, 2023.
2The resignation is for the purpose of pursuing another opportunity.
3The company explicitly states there are no disputes or disagreements related to Mr. Karbowski's departure.
4Gabrielle Rabinovitch, currently Acting CFO and SVP, Investor Relations and Treasurer, will serve as the interim principal accounting officer.
5This marks a change in a senior financial leadership position within PayPal.

PayPal Holdings, Inc. 8-K Report, Executive Changes (Jan 9, 2023)

Summary

Key Highlights

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