Meet Dan Schulman, PayPal’s new President and CEO designee
By: eBay Inc. Staff
With deep experience in payments and mobile technology, PayPal president and CEO designee Dan Schulman joined PayPal in 2014 to lead PayPal into its next phase, as an independent company, following the announcement of its separation from eBay slated for 2015. An avid sports fan and collegiate athlete, Dan was attracted to PayPal’s competitive edge in a rapidly-evolving payments landscape, the unique growth opportunities ahead and the ability to give eBay and PayPal shareholders sustainable value with more targeted investment opportunities.
Dan previously served as Group President of Enterprise Growth at American Express where he led the company’s global strategy to expand the company’s alternative mobile and online payment services. Under his leadership, American Express successfully launched its next-generation digital payments platform, developed non-traditional sources of revenue and introduced a suite of payment products to expand the company’s demographic and geographic reach.
Prior to joining American Express, Dan was President of the Prepaid Group at Sprint Nextel Corporation following its acquisition of Virgin Mobile USA, Inc., where he led the company as its founding CEO. During his eight years at Virgin Mobile USA, he developed the company from its earliest stages as one of the first U.S. prepaid cell phone providers to a dynamic public company, when it was eventually acquired by Sprint Nextel in 2009 at a total value of $688 million. Earlier in his career, Mr. Schulman was President and CEO of Priceline Group, Inc., where he led the company through a period of rapid growth and expansion. He also spent 18 years at AT&T, where he held a series of positions, including President of the Consumer Markets Division.
Despite his professional accomplishments, Dan is most proud of his achievements in helping underserved populations. While at Virgin Mobile, the company won the private sector award for bringing focus to the plight of homeless youth. During his time at American Express, he drove attention and introduced new products to the 70 million US adults underserved by traditional consumer financial institutions. He also serves on the board of Autism Speaks.
Mr. Schulman earned a Bachelor’s degree from Middlebury College and an M.B.A. from New York University’s Leonard N. Stern School of Business. He serves on the Boards of Flextronics, International Ltd. and Symantec Corporation, where he is Non-Executive Chairman of the Board.