In brief
Dan Schulman is an American business executive serving as chief executive officer of Verizon Communications Inc., a role he assumed on October 6, 2025. He previously led PayPal Holdings Inc. as president and CEO from 2014 to 2023, guiding the company through its separation from eBay and expanding its focus on digital payments and financial services for underserved populations.
Schulman was born in Newark, New Jersey, to Jewish parents, and grew up in Princeton, New Jersey. He earned a bachelor's degree in economics from Middlebury College and an MBA from New York University Stern School of Business.
Schulman's tenure at PayPal saw revenue triple from $9.2 billion in 2014 to $27.5 billion by 2023, driven by acquisitions, partnerships with competitors, and growth in products like Venmo. He emphasized corporate social responsibility, committing to no layoffs during the COVID-19 pandemic and launching programs for employee financial wellness after surveys revealed widespread struggles among staff. However, his later years faced challenges, including pressure from activist investor Elliott Management in 2022 over strategic direction and stock performance, contributing to a perception of a "bumpy landing" as he departed.
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Hero photograph: Wikimedia Commons
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