PayPal CEO Dan Schulman to leave at end of 2023, company begins search for successor
Summary
PayPal said on Thursday that CEO and president Dan Schulman will retire and leave the company at the end 2023. Schulman, who became PayPal CEO after the split from eBay in 2015, notified the company of his decision to retire at the end of December. "Im proud of what we have accomplished at PayPal and of the incredibly talented and committed people I work with every day," Schulman said in a statement. In an interview with CNBCs Kate Rooney on Thursday, Schulman said that he didnt experience any pressure from Elliott Management. The company announced Schulmans upcoming departure on the same day it reported its 2022 fourth quarter earnings.
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Fintech & Banking
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Fintech Software
Payments Software
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PayPal
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