PayPal appoints HP CEO Lores to board


FILE PHOTO: The PayPal app logo seen on a mobile phone in this illustration photo October 16, 2017. REUTERS/Thomas White/Illustration

(Reuters) - Payments giant PayPal Holdings Inc said on Wednesday it had appointed Enrique Lores, chief executive officer of HP Inc, to its board of directors, effective June 29.

Lores took over as HP's top boss in 2019, after starting as an engineering intern in a career spanning more than 30 years at the company. He faced a hostile takeover battle from Xerox Holdings Corp soon after taking over the reins.

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