PayPal announced two new leaders will be joining the company as it prepares to separate from eBay Inc. and become an independent, publicly-traded company later this year. Both will report to PayPal president and CEO designee Dan Schulman and serve on the company’s leadership team. Louise Pentland will become PayPal’s new General Counsel, joining the
eBay Inc. said its Board of Directors, following a strategic review of the company’s growth strategies and structure, has approved a plan to separate the company’s eBay and PayPal businesses into independent publicly traded companies in 2015, subject to customary conditions. Creating two standalone businesses best positions eBay and PayPal to capitalize on their respective
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