Dan Schulman has been leading PayPal as its CEO since 2015, shaping it from just a simple payment button into a big open payments platform. His time at PayPal has been marked by a focus on partnerships and expanding the...
Dan Schulman has been leading PayPal as its CEO since 2015, shaping it from just a simple payment button into a big open payments platform. His time at PayPal has been marked by a focus on partnerships and expanding the company’s reach in the financial world. Schulman is not just a businessman; he’s a guy who believes in doing the right thing. He’s known for turning down bonuses when performance targets weren’t met, a move that highlights his commitment to accountability. In 2023, his total pay was $22.1 million, which included a base salary and large stock awards that really depended on the company’s long-term health. However, he faced some tough times too, not achieving the ambitious growth goals set for the company. Before PayPal, he was President and CEO of American Express, where he gained a lot of experience in finance. Schulman, who has a background in Economics from UC Berkeley and an MBA from Stanford, plans to retire at the end of 2023 but will stay on the Board, guiding PayPal through the transition to new leadership.