PayPal ($PYPL) FY-2025 faces another leadership shakeup as new CEO Enrique Lores takes charge after PayPal admits its execution has fallen short of targets.
- Board replaces previous CEO Alex Chriss to accelerate discipline and execution.
- Management highlights underperformance in branded checkout, lagging company expectations, but points to areas of strength elsewhere.
- Recent leadership changes signal urgency for a turnaround, raising questions about execution risk in core payment products as competition intensifies.
Earnings call scheduled for today at 08:00 am EST.