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Enrique Lores

Coverage of Enrique Lores in the Nexus archive.

Earliest in view: Jun 16 · 19:53 UTCMost recent: Jun 16 · 19:53 UTC
Co-mentioned in this coverage
PayPalorganization1PayPal Venturesorganization1Jefferiesorganization1Alex Chrissperson1Plaidorganization1Anchorage Digitalorganization1Venmoorganization1
Recent coverage
  • BUSINESSJun 16 · 19:53 UTCFORTUNE
    Exclusive: PayPal winds down venture arm as fintech giant restructures under new CEO

    PayPal is shutting down its 10-year-old venture arm, PayPal Ventures, as part of a corporate restructuring under new CEO Enrique Lores. The venture team’s headcount has dropped from over 10 to two, and the company is exploring the sale of some positions via investment bank Jefferies. The previous CEO, Alex Chriss, was ousted in February due to declining stock performance and competitive pressures.

Enrique Lores · Dossier · The Nexus