Highly experienced PayPal president to join board of directors at Zuora

Scott Thompson, president of PayPal was invited to join the board of directors at Zuora, Inc., formed by software-as-a-service (SaaS) industry veterans from salesforce.com and WebEx. One more board member is Peter Fenton of Benchmark Capital.

The appointment of Thompson demonstrates Zuora’s commitment to building a prominent board of directors after successfully launching the company's flagship application, Z-Billing.

Tien Tzuo, CEO of Zuora, Inc. advanced a well-grounded remark that Scott Thompson has a tremendous experience in the online payments industry and that he is an accomplished global industry executive.

As the president of PayPal, Scott Thompson has overall responsibility for the company's global operations, technology and customer adoption. Earlier Thompson served as PayPal's senior vice president and chief technology officer. Before joining PayPal he worked for Inovant, a subsidiary of Visa as executive vice president of technology solutions. In addition Thompson was also chief information officer of Barclays Global Investors and worked with Coopers and Lybrand, delivering information technology solutions to leading financial services clients such as Wells Fargo.