PayPal appoints Sri Shivananda as chief technology officer

PayPal Holdings Inc. appointed Sri Shivananda as the company’s new chief technology officer, the company said Tuesday. Shivanda will begin April 1 and will take over from James Barrese, who the company said will “step down to take time off” but help facilitate the transition.
Shivananda, who will also be the company’s new senior vice president, previously worked at eBay on the Global Platform and Infrastructure team and later as a vice president of global platform and infrastructure at PayPal. Shivananda will focus on PayPal’s platform and infrastructure, while the payments and identity team will move under the company’s product and engineering sector. Shares of PayPal were down 1.3% in pre-market trade Tuesday.

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