The four new members of PayPal's executive leadership team are Jack Stephenson, senior vice president of strategy and new ventures; Mary Anne Gillespie, vice president of sales; Barry Herstein, chief marketing officer; and Robert Mansell, vice president of product development.

With more than seven decades of combined experience at global companies including Avon, American Express, McKinsey & Company, Oracle and Visa International, the group brings a wide range of payments and technology expertise to PayPal's executive bench.

"It's a testament to PayPal's current success and its future market opportunities that we are able to attract executives of such high caliber. Mary Anne, Barry, Robert and Jack, quite simply, represent the best of the best," said Rajiv Dutta, president of PayPal. "With this team in place, I'm absolutely confident that we will continue to grow and deliver safe and easy payments for our customers around the world."