PayPal Holdings, Inc. (PYPL) recently declared it has designated Deborah (Debbie) M. Messemer, CPA, to its board of directors. Ms. Messemer has more than 30 years of experience advising public and private companies and most recently served as the managing partner of KPMG’s Bay Area and Northwest region. Ms. Messemer will serve on the audit, risk and compliance committee of PayPal’s Board. Her appointment was effective January 16, 2019.
“Debbie is a talented leader whose global perspective, planned vision and expertise in business strategy and governance will be a valuable addition to PayPal as we continue to grow,” said Dan Schulman, president and CEO, PayPal. “The board of directors and the entire PayPal team join me in welcoming Debbie to the board.”
Before retirement from KPMG in September 2018, Ms. Messemer led over 3,000 team members in 10 U.S. offices across all functions, counting audit, tax and advisory. She spent a large portion of her career as an audit partner or senior account executive for clients in various industry sectors counting financial services and technology. She has noteworthyexperience in SEC filings, due diligence, mergers and acquisitions, and internal controls over financial reporting. Ms. Messemer presently serves on the board of directors of Allogene Therapeutics (ALLO) and Carbon, Inc.
“I’m thrilled to serve on the board of PayPal, a strong company that is reimagining financial services to create a more inclusive global economy,” said Messemer. “PayPal is positioned at the forefront of the global shift to digital payments and I’m inspired by the opportunity to assist deliver that vision.”
Ms. Messemer holds a B.B.A. in accounting from the University of Texas at Arlington. She is a member of the National Association of Corporate Directors and a co-founder of the San Francisco Chapter of Women Corporate Directors. She has served extensively on non-profit and advisory boards counting the Bay Area Council, the San Francisco Committee on Jobs, the California Chamber of Commerce, the San Francisco Chamber of Commerce, the UC Berkeley Fisher Center Policy Advisory Board, San Francisco Ballet and The Posse Foundation.
The appointment of Ms. Messemer will increase PayPal’s Board of Directors to 12 members. With Ms. Messemer’s appointment, 50% of the board is diverse.
PayPal Holdings, (NASDAQ: PYPL) was trading -3.42% away from its yearly high level, during the last trading session. The last session’s volume was 5,553,922 compared to its average daily volume of 9.18M shares. The company has its outstanding shares of 1.17B. The Financialstock showed a change of -0.26% from opening and finally closed at $90.50 by scoring 0.62%.