PayPal today announced that Dan Schulman will depart from PayPal Holdings, Inc.’s Board of Directors, effective December 31, 2023. Schulman served as PayPal’s President and CEO from 2015 to 2023. He has served on the Board of Directors of PayPal since 2015. 

Dan Schulman said: 

• “My tenure at PayPal has been one of the highlights of my career. With Alex Chriss and his leadership team in place, I leave the Board with full confidence that PayPal is in excellent hands for its next chapter of growth and success. It has been a great honor to lead the PayPal community, and I look forward to seeing where Alex will take the company next.” 

John Donahoe, Chairman of the PayPal Board, stated: 

• “On behalf of the Board of Directors, I thank Dan for his outstanding leadership and commitment to PayPal. Under Dan’s vision, PayPal became a leading digital payments company that is trusted around the world. Dan established a strong foundation for PayPal’s future growth."