Airbnb's Belinda Johnson joins PayPal's Board.

PayPal Holdings, Inc., the money transfer firm, appointed Belinda Johnson to its board of directors in January. Johnson is the Chief Business Affairs and Legal Officer at Airbnb and was the first executive hired by the short-term lodging company.

Johnson was dubbed "Airbnb's Sheryl Sandberg" by online publication Backchannel which writes, "Under her watch, the company has created a cultish social movement around its efforts to connect strangers and foster cultural belonging."

Johnson's appointment increases the online money transfer firm PayPal's Board of Directors to 10 members. She will serve on the company's Audit Committee.

"I'm honored and excited to serve on the board of PayPal, a dynamic Silicon Valley innovator and global FinTech leader," Johnson says in a release. "It's a compelling opportunity to contribute to a company that is not only achieving impressive business success, but also delivering on a powerful social mission to democratize financial services to create opportunity for people, businesses and communities around the world."

Airbnb hired Johnson as General Counsel in 2011, about three years after it was...