PayPal Board Member Rodney Adkins to Step Down Following 2025 Annual Meeting

PayPal Holdings, Inc. has announced that Rodney Adkins will not stand for re-election to its Board of Directors when his current term concludes at the company's 2025 Annual Meeting of Stockholders. The company confirmed that Adkins’ decision was not due to any disagreement with PayPal's operations or policies.

In light of Adkins’ planned departure, PayPal's Board has approved a reduction in its size from 12 to 11 members, effective immediately before the 2025 Annual Meeting.

Adkins has served as a director at PayPal, contributing to governance and oversight during his tenure. The company expressed its appreciation for his service and leadership.