PayPal Names Srini Venkatesan as Chief Technology Officer
In a move that is set to revolutionize the world of online payments, PayPal has announced the appointment of Srini Venkatesan as its new Chief Technology Officer (CTO). Effective June 24, Venkatesan will be responsible for leading the development and implementation of technology across the entire PayPal ecosystem.
“Srini is a seasoned technologist and leader with a successful track record of building and scaling technology organizations, from early-stage startups to the world’s largest retailer,” said Alex Chriss, PayPal President and CEO.
Venkatesan brings with him a wealth of experience, having led technology, digital transformation, and AI personalization from inside some of the world’s largest retailers and partners. Most recently, he led the U.S. Omni Platforms and Tech organization at Walmart, where he built platforms, features, and capabilities to support the retailer globally.
Venkatesan’s experience in retail technology will be invaluable in driving PayPal’s mission to revolutionize commerce globally.
Prior to Walmart, Venkatesan oversaw Yahoo’s display and video ad technology platform. Earlier in his career, he led product and technology teams at eBay and was Chief Technology Officer at StubHub and Marketo. Venkatesan earned a bachelor’s degree in electrical engineering from Bharathiar University.
“I’ve spent my career innovating to create new and improved ways for customers to discover, shop, and buy the goods they want and need,” said Venkatesan. “I’m incredibly excited about joining PayPal and bringing together my experiences across tech and retail to personalize customers’ shopping experiences.”
Venkatesan’s appointment marks a new chapter in PayPal’s mission to revolutionize commerce globally.
Archie Deskus, who currently serves as PayPal’s Chief Technology Officer, has decided to leave the company. Under Deskus’ leadership, PayPal has made significant progress toward operating as a true platform company and strengthened its technology team, processes, and systems.
PayPal continues to drive innovation in digital payments.
