PayPal has appointed Archana (Archie) Deskus as its new executive vice president and chief information officer (CIO) to direct global information technology operations, according to a press release on Monday (March 21).
Deskus will start her new position at PayPal effective March 28 and report to PayPal President and CEO Dan Schulman.
“As we expand the scope of our services and relevance in the lives of our customers, we are excited that Archie Deskus will be joining PayPal’s leadership team as CIO,” Schulman said in the release. “Archie is a highly accomplished technology executive with deep expertise in delivering operating excellence and business value through the successful execution of strategic IT initiatives.
“She will accelerate our work to optimize our internal technology processes and systems, ensuring we continue to have the most modern, secure, reliable and scalable technology foundation.”
Deskus formerly served as senior vice president and CIO at Intel, and has held CIO roles at Hewlett Packard, Baker Hughes, Ingersoll Rand and Timex, among others.
She holds a Master of Business Administration from Rensselaer Polytechnic and a bachelor’s degree from Boston University, and also serves on the board of directors of East West Bank and Cognizant.
“PayPal is a dynamic company driving meaningful innovation that helps people around the globe safely manage and move their money,” Deskus said. “I am inspired by the company’s mission and impact, and thrilled to have the opportunity to lead PayPal’s talented infrastructure, site reliability, data platforms, and information technology teams.”
Read more: 5% of US Consumers Used PayPal to Make a Purchase in January 2021
A financial services company that provides online payment solutions in 202 countries and 25 currencies around the world, PayPal is headquartered in Silicon Valley and was launched in 1998.
It works with over 375 million consumers and merchants in more than 200 markets and enables global eCommerce by making payments possible across different locations, currencies and languages.
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