PayPal Stories Archive

I am thrilled to announce the addition of Ann M. Sarnoff to our Board of Directors – effective June 27th. Ann is the President of BBC Worldwide - Americas. She is responsible for driving growth and profit across the company’s business divisions in North and South America and amplifying BBC Worldwide’s global brands – Planet Earth II, Doctor Who, Top Gear, Dancing with the Stars and BBC Earth. Ann brings her impressive background to PayPal’s Board, including seven years at BBC Worldwide North America (BBCWNA) as Chief Operating Officer, followed by her promotion to President in 2015. Prior to joining BBCWNA, she held a variety of roles including President of Dow Jones Ventures and Senior Vice President of Strategy, and COO for the Women’s National Basketball Association (WNBA). She also spent ten years at Viacom serving as Nickelodeon’s Executive Vice President for Consumer Products and Business Development, and COO for VH1 and CMT. She currently sits on the boards of HSN, Inc. and Georgetown University, and chairs the board of BritBox (britbox.com).

 

Ann is an ideal addition to PayPal’s Board because of her tremendous success at driving consumer engagement with the brands she has led. She has also been critical to the success of multiple innovative partnerships and joint ventures across the media industry, most recently resulting in increased engagement for BBC Worldwide’s global brands. As we continue to execute against our partnership strategy to give our customers more choice in their payments experiences, Ann will be instrumental in advising PayPal on new ways to build and engage our growing customer base and on smart and strategic partnership opportunities across the ecosystem. Additionally, for over 25 years, Ann has demonstrated an impressive track record understanding and addressing consumers’ needs in the television industry, driving rapid evolution to address disruption driven by technology. This experience will be helpful for PayPal as we continue to reimagine the traditional financial services industry to address the changing needs of people around the globe as cash continues to digitize and mobile technology reinvents our lives.

 

“I am delighted and honored to serve on the Board of PayPal, especially during this transformative period for the payments and financial services industries,” said Ann M. Sarnoff. “I look forward to working with the Board and PayPal leadership to contribute to the company’s business and partnership strategy, and focus on consumer insights and engagement to support PayPal’s vision to democratize financial services for consumers and drive the global transition from cash to digital payments.”

 

The entire PayPal team joins me in welcoming Ann to the Board and I look forward to her valuable contributions to the company. Ann will serve on PayPal’s Audit, Risk and Compliance Committee. Her appointment will increase PayPal’s Board of Directors to 10 members. Additional information on PayPal’s Board of Directors can be found here.