HeadlinesBriefing favicon HeadlinesBriefing.com

PayPal CEO's Solo Strategy to Fix Payments Giant

Wall Street Journal Markets •
×

PayPal CEO Enrique Lores is planning to go it alone and fix the payments giant after a $50 billion buyout stalled. He could make a $25 million bonus if Wall Street buys into his plans to transform the company.

Lores is betting on a solo strategy to revive PayPal, the payments company. The stalled buyout leaves him with a chance to prove his transformation plan works.

If Wall Street buys in, Lores could earn a $25 million bonus. His plans aim to turn around the payments giant.

The challenge is to get investors on board with his vision. Success could mean a big payday for Lores and a new direction for PayPal.