PayPal Holdings, Inc. - Governance

Corporate governance

Robust corporate governance practices are critical to executing our business strategy and driving long-term, sustainable value creation. Our overall governance framework is designed to drive strong oversight, create Board and management accountability and demonstrate PayPal’s commitment to transparency, accountability, and independence. We hold ourselves to the highest ethical standards and operate all facets of our business with integrity, from the Board of Directors and senior management to our workforce and our supply chain.

Our company is overseen by an independent and highly effective Board of Directors. Our annually elected Board is composed entirely of independent directors other than our President and CEO, Alex Chriss. We seek to ensure our Board is composed of directors who have highly relevant skills, professional experiences and backgrounds, bring diverse viewpoints and perspectives and effectively represent the long-term interests of our stockholders. At least annually, the Board conducts an in-depth review of overall strategy, which includes engagement with leaders on key topics of interest, including business objectives, the competitive landscape, capital allocation and corporate sustainability and impact (CS&I) matters.

Our commitment to strong corporate governance is detailed in our Proxy Statement, which provides extensive disclosure on our Board structure and composition, strategy and risk oversight, stockholder engagement, executive compensation and other key governance topics.

Board composition

We seek to ensure our Board is composed of directors with highly relevant skills, professional experiences, and backgrounds who bring diverse viewpoints and perspectives and effectively represent the long-term interests of our stockholders.

1. PayPal became an independent public company in July 2015.

Corporate governance documents

The Board of Directors of PayPal Holdings (the "Company") sets high standards for the Company's employees, officers, and directors. Implicit in this philosophy is the importance of sound corporate governance. It is the duty of the Board of Directors to serve as a prudent fiduciary for shareholders and to oversee the management of the Company's business. To fulfill its responsibilities and to discharge its duty, the Board of Directors follows the procedures and standards that are set forth in these guidelines. These guidelines are subject to modification from time to time as the Board of Directors deems appropriate in the best interests of the Company or as required by applicable laws and regulations.

Download Description

Amended and restated bylaws of PayPal Holdings, Inc.

Governance guidelines of the board of directors

Audit and finance committee charter

Code of business conduct and ethics

Compensation committee charter

PayPal global tax policy

Corporate governance and nominating committee charter

Stock ownership guidelines

Risk and compliance committee charter