PayPal CEO Dan Schulman to leave at end of 2023, company begins search for successor

guest · Feb 10, 2023

By Jonathan Vanian @JonathanVanian - February 9, 2023

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Dan Schulman became PayPal CEO after the company’s split from eBay in 2015.

He will remain a member of PayPal’s board of directors.

“I’m 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.

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PayPal said on Thursday that CEO Dan Schulman will retire and leave the online payments company at the end of 2023.
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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. He will remain a member of PayPal’s board of directors, which is hiring a search firm to find a successor.

“I’m 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. “Together, we have reimagined financial services and e-commerce, and worked to improve the financial health of our customers.”
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Schulman added that PayPal’s ″board just wants to find the very best candidate,” and said it is “going to look across the company and externally.”

He said PayPal is “in a good place” and is “in a position to deliver a strong year,” adding that the board would have enough time to find a successor.
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PayPal CEO Dan Schulman to leave at end of 2023, company begins search for successor

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