Enrique J. Lores
Summary
Enrique J. Lores has served as PayPal’s President and Chief Executive Officer since March 1, 2026, after previously leading HP Inc.
Biography
Lores joined Hewlett-Packard as an engineering intern and spent roughly 35 years there in leadership roles across personal systems, printing, industrial, and services businesses. He holds an electrical-engineering degree from the Polytechnic University of Valencia and an MBA from ESADE Business School. Before becoming HP’s CEO, he led the company’s Imaging, Printing and Solutions business and helped manage Hewlett-Packard’s 2015 separation into HP Inc. and Hewlett Packard Enterprise. ([hp.com](https://www.hp.com/content/dam/sites/garage-press/press/press-releases/2025/executive-bios/HP%20Executive%20Biography%20%20-%20Enrique%20Lores.pdf?utm_source=openai)) Lores became President and CEO of HP Inc. in November 2019 and remained in that role until moving to PayPal. He had served on PayPal’s board for nearly five years and was its board chair from July 2024 until his appointment as CEO. PayPal appointed him after the board concluded that the company’s pace of change and execution had not met expectations over the preceding two years. ([about.pypl.com](https://about.pypl.com/news-details/2026/PayPal-Appoints-Enrique-Lores-as-Chief-Executive-Officer-and-David-W--Dorman-as-Independent-Board-Chair/default.aspx?utm_source=openai))
Notable achievements
- Helped lead Hewlett-Packard’s complex 2015 separation and the creation of HP Inc. ([investor.hp.com](https://investor.hp.com/news-events/news/news-details/2019/HP-Announces-CEO-Succession/default.aspx?utm_source=openai))
- Oversaw HP’s Imaging, Printing and Solutions business, including the 2017 acquisition of Samsung’s printer business. ([investor.hp.com](https://investor.hp.com/news-events/news/news-details/2019/HP-Announces-CEO-Succession/default.aspx?utm_source=openai))
- Led HP as it expanded its portfolio toward hybrid-work products and services, including the 2022 acquisition of Poly. ([investor.hp.com](https://investor.hp.com/news-events/news/news-details/2022/HP-Inc.-Completes-Acquisition-of-Poly/default.aspx?utm_source=openai))
- Joined PayPal’s board before becoming chair in July 2024, giving him prior familiarity with the company’s strategy and oversight. ([about.pypl.com](https://about.pypl.com/news-details/2026/PayPal-Appoints-Enrique-Lores-as-Chief-Executive-Officer-and-David-W--Dorman-as-Independent-Board-Chair/default.aspx?utm_source=openai))
Problem areas / controversies
- PayPal’s board said the company’s pace of change and execution had not met expectations over the two years before Lores became CEO. ([about.pypl.com](https://about.pypl.com/news-details/2026/PayPal-Appoints-Enrique-Lores-as-Chief-Executive-Officer-and-David-W--Dorman-as-Independent-Board-Chair/default.aspx?utm_source=openai))
- His appointment followed weaker-than-expected fourth-quarter 2025 results and a 2026 profit outlook that was below market expectations, increasing pressure on the new CEO to improve execution. ([apnews.com](https://apnews.com/article/5f613ba3c6fa408f13873f8fce9c3a2b?utm_source=openai))
- Lores’s PayPal tenure was new as of March 2026, so there was limited public evidence at that date for evaluating his results specifically at PayPal.