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Intuit’s Chriss to Head PayPal

 Alex Chriss, who has led Intuit’s small business organization, has been named the next CEO of PayPal. Chriss succeeds longtime PayPal CEO Dan Schulman on September 27.

The departure of Chriss, after 19 years and two months, set in play some job movement at Intuit.

Intuit said chief technology officer Marianna Tessel  will succeed Chriss as the EVP who led the Small Business and Self-Employed Group when he leaves on September 5. Chriss has led that group, which includes Intuit’s QuickBooks operations, since January 2019.

Tessel, who joined Intuit in June 2017, has served as CTO since January 2019. Alex Balazs will follow her as the next CTO. Balazs, who has been with Intuit almost 24 years, has served in company’s chief architect position since May 2017

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