In a major announcement PayPal which is the globally recognized online payment platform unveiled its new CEO, Alex Chriss, know his net worth and salary
The decision of positioning Alex Chriss as the new PayPal CEO was made public on August 14, 2023, and is set to take effect on September 27 of the same year. Alex Chriss is a seasoned professional with an impressive track record.
Who is Alex Chriss PayPal new CEO, net worth, salary, bio, age, family, wife and education
He is currently serving as the Executive Vice President and General Manager at Intuit. This strategic leadership change is anticipated to steer PayPal toward a future marked by innovation, growth, and enhanced consumer offerings.
46-year-old Alex Chriss is married to Sasha. They have three kids namely Peter, Andrew, and Matthew. He attended the Harvard School of Public Health and Pennsylvania University. His full name is James Alexandar Chriss. He is 5ft 10in tall and his weight is 76 kg.
Alex Chriss’ career
Alex Chriss who is 46 years old, steps into the role of PayPal CEO by succeeding the esteemed Dan Schulman. The board members of PayPal unanimously voted in favor of Chriss by citing his exemplary leadership qualities and his ability to drive growth.
John Donahoe who is a key figure on the board expressed his confidence in Chriss as the right person to elevate PayPal’s standing in the market. Chriss’ impending arrival is projected to bring about a wave of positive transformations and elevate the company’s product portfolio and cement its position as a global fintech leader.
BREAKING: Intuit’s Alex Chriss is named the new $PYPL PayPal CEO pic.twitter.com/1LiIAZsNpp
— amit (@amitisinvesting) August 14, 2023
Before his appointment at PayPal, Alex Chriss contributed significantly to Intuit which is an equally prestigious player in the tech industry. His remarkable journey at Intuit spans over 19 years during which he served as the Executive Vice President and General Manager.
Chriss played a pivotal role in spearheading the creation of Intuit’s Partner & Developer Platform. Under his leadership, the Self-Employed Solutions team flourished and he later assumed the role of Chief Product Officer for the Small Business Group, making significant contributions to Intuit’s success.
His visionary leadership inspired countless entrepreneurs to navigate the complexities of business ownership with confidence. Intuit’s offerings, including QuickBooks and the acquisition of Mailchimp in 2021 have empowered businesses to thrive.
His early career included a tenure at Kronos Advanced Technology from 2000 to 2004. He laid the foundation for his subsequent successes. His influence also extended to other ventures as he served on the board of Backupify and as a director of the board at Houzz.
The outgoing CEO, Dan Schulman will remain an integral part of the company’s journey. Schulman, who has been at the helm since 2015 will transition to a board member role until the annual shareholders meeting in May of the following year. Schulman’s tenure has been marked by remarkable contributions and his legacy will continue to shape PayPal’s growth trajectory.
Alex Chriss’ net worth
Alex Chriss is estimated to have a net worth of $37 million and owns 409 shares of Intuit Inc (INTU) as of July 3, 2023, with a value of $205,539.
As Executive Vice President and General Manager, Small Business and Self-Employed Group at INTUIT INC, Alexander Chriss made $14,044,113 in total compensation. Of this $700,000 was received as a salary, $700,000 was received as a bonus, $3,125,020 was received in stock options, $9,506,960 was awarded as stock and $12,133 came from other types of compensation.