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PayPal appoints new chief product officer

The executive brings over two decades of product and financial services experience to the role.

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John Kim, Paypal

PayPal has appointed John Kim as its newest executive vice president and chief product officer (CPO).

The Austin, Texas-based executive will start the role on September 26.

Kim is set to lead the payment giant’s product and engineering teams, in conjunction with their existing leadership.

Kim joins PayPal following a decade-long tenure with Expedia Group,

He most recently served as president of Expedia Marketplace, where he oversaw strategy, product, technology, and operations for all of the travel group's lines of business – including lodging, air, car, cruise, and activities.

Previously, Kim served as Expedia's president of platform and marketplaces, where he led the development of artificial intelligence, user experience, research, ecommerce, marketplace, and yield management.

Prior to joining Expedia, Kim also held positions at Yahoo, Overture, Accenture, Bank of America and Pelago.

Kim will replace Mark Britto, who will remain with PayPal for a transition period, before retiring at the end of 2022.

Britto had been at PayPal for over five years and had previously served as chairman and founder of Boku, a mobile payments firm.

The news comes after PayPal has made a great number of shakeups to its upper management in the past year.

Paypal appointed Blake Jorgensen as its chief financial officer in August 2022 and Archana Deskus as a chief information officer in March.

The hire comes as PayPal's product offering continues to evolve, the company first launched crypto trading capabilities for its UK customers in August 2021.

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