PayPal Hires Intel Executive as CIO

<p>PayPal has hired Archana &lpar;Archie&rpar; Deskus from Intel as its new executive vice president and chief information officer &lpar;CIO&rpar;&comma; effective March 28&period; Deskus will oversee PayPal’s global information technology operations and report to PayPal President and CEO Dan Schulman&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;As we expand the scope of our services and relevance in the lives of our customers&comma; we are excited that Archie Deskus will be joining PayPal’s leadership team as CIO&comma;” said Schulman&period; &OpenCurlyDoubleQuote;Archie is a highly accomplished technology executive with deep expertise in delivering operating excellence and business value through the successful execution of strategic IT initiatives&period; She will accelerate our work to optimize our internal technology processes and systems&comma; ensuring we continue to have the most modern&comma; secure&comma; reliable and scalable technology foundation&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;PayPal is a dynamic company driving meaningful innovation that helps people around the globe safely manage and move their money&comma;” Deskus said&period; &OpenCurlyDoubleQuote;I am inspired by the company’s mission and impact&comma; and thrilled to have the opportunity to lead PayPal’s talented infrastructure&comma; site reliability&comma; data platforms&comma; and information technology teams&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Deskus joins PayPal from Intel&comma; where she served as senior vice president and chief information officer since 2020&period; Since 2003 and prior to Intel&comma; she held CIO roles at Hewlett Packard Enterprise&comma; Baker Hughes&comma; Ingersoll Rand&comma; Timex and United Technologies&period;<&sol;p>&NewLine;<p>Deskus holds a bachelor’s degree in business administration and management information systems from Boston University and a master’s degree in business administration from Rensselaer Polytechnic Institute&period; She serves on the board of directors of East West Bank and Cognizant&period;<&sol;p>&NewLine;