Robust and effective oversight and governance are fundamental to building trust with our stakeholders and sustaining our success. Effective corporate governance practices are critical to executing our business strategy and driving long-term, sustainable value creation. Our governance framework drives sound company oversight, ensures Board and management accountability, engenders public trust, demonstrates PayPal’s commitment to transparency, independence and diversity, and enables PayPal to adapt to the dynamic and competitive environment in which we operate. 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, dynamic, highly-effective, and diverse Board of Directors with the right mix of skills, experiences, and backgrounds for PayPal. As responsible stewards of stockholders’ interests, our directors bring valuable insights, perspectives, and expertise to the Board. Senior executives provide regular, in-depth business and strategy updates to the Board. 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, and capital allocation, as well as ESG matters.
Our Proxy Statement provides further detail on our commitment to strong corporate governance, our Board structure and composition, stockholder rights and engagement, executive compensation, and other key governance topics.