Brands
PayPal names Enrique Lores chief executive in board-led reset
SAN JOSE: PayPal has appointed Enrique Lores as its new president and chief executive officer, effective 1 March, 2026, signalling a leadership reset as the board pushes for faster transformation and sharper execution.
Lores, who has served on PayPal’s board for nearly five years and as board chair since July 2024, succeeds Alex Chriss. Chief financial and operating officer Jamie Miller, will act as interim chief executive until Lores formally assumes the role. David W. Dorman has been named independent board chair with immediate effect.
The decision follows an extensive board review of PayPal’s competitive position and progress. While the company has made gains in recent years, directors said the pace of change had fallen short of expectations in a rapidly evolving payments landscape.
Dorman described Lores as a customer-focused leader with a strong record of driving complex global transformations.
Lores joins PayPal after more than six years as president and chief executive of HP Inc, where he steered the company beyond its traditional PC and printing businesses into services, subscriptions and AI-enabled workplace solutions. He also played a central role in the HP and Hewlett-Packard Enterprise separation, strengthening operational discipline and long-term innovation.
In his first remarks, Lores said PayPal would accelerate innovation while improving speed, accountability and execution, as digital payments face disruption from new technologies, regulation and intensifying competition.
The board thanked outgoing chief executive Alex Chriss for his tenure, highlighting progress in monetising Venmo and expanding the buy-now-pay-later business while modernising the platform.
Brands
KKR sixes to power EV charger rollout under VIDA campaign
Cricket meets clean mobility as big hits spark India’s charging growth
NEW DELHI: VIDA, the electric mobility arm of Hero MotoCorp, has teamed up with Kolkata Knight Riders to launch a campaign that turns cricketing flair into real-world impact.
Titled ‘6 for 6’, the initiative promises to install a 6kW fast EV charger for every six hit by KKR during the ongoing Indian Premier League season. The idea is simple but powerful, as each big hit on the field contributes directly to expanding India’s fast-charging infrastructure.
The campaign builds on VIDA’s growing network, which already spans over 5,300 fast-charging points across more than 430 cities. With EV adoption gaining pace, the brand is using cricket’s mass appeal to accelerate both awareness and infrastructure growth.
Explaining the thinking behind the move, Hero MotoCorp emerging mobility business unit chief business officer Kausalya Nandakumar said, “Cricket has an incredible ability to unite and inspire millions across the country. With the ‘6 for 6’ campaign, we are turning every big hit on the field into a step towards a cleaner and a more accessible mobility future.”
She added that VIDA’s expanding fast-charging network and removable battery technology are designed to make EV ownership more convenient and practical for everyday users.
From the franchise’s side, the campaign is also about giving on-field moments a larger purpose. Kolkata Knight Riders chief executive officer Venky Mysore said, “The ‘6 for 6’ campaign exemplifies the potential of sport as a platform for meaningful, real-world impact. By linking every six to the expansion of EV charging infrastructure, this partnership transforms fan excitement into tangible progress.”
As part of the rollout, VIDA has introduced co-branded charging stations in KKR’s signature colours, with a flagship installation unveiled alongside team players. The chargers are designed for quick top-ups, powering VIDA scooters from zero to 80 percent in about an hour, while also being positioned along key highways to support longer journeys.
The initiative also taps into VIDA’s removable battery system, which allows users to charge using standard household plug points, adding flexibility to the charging ecosystem.
By blending the thrill of cricket with the urgency of clean mobility, VIDA and KKR have found a neat way to make every six count twice, once on the scoreboard and again on India’s road to an electric future.
