Summary by Moomoo AI
PayPal Holdings, Inc. has announced the upcoming annual meeting of stockholders to be held virtually on May 22, 2024. In a recent communication to shareholders, PayPal urged stockholders to vote on several key proposals, emphasizing the importance of each vote. The board of directors has recommended voting 'FOR' the election of 11 director nominees, the approval of executive officer compensation, the amendment and restatement of the 2015 Equity Incentive Award Plan, and the ratification of PricewaterhouseCoopers LLP as the independent auditor for 2024. Conversely, the board recommends voting 'AGAINST' two stockholder proposals, one regarding a report on respecting workforce civil liberties and another concerning a bylaw amendment for stockholder approval of director compensation. PayPal has provided options for internet and telephone voting to facilitate shareholder participation.