Daniel H. Schulman

Daniel H. Schulman

Board Member at PayPal Holdings
Company Tenure: 8 years
Education:
Loyola University Chicago (B.B.A.) DeVry University (M.B.A.)
Biography:

Daniel H. Schulman has served as President and Chief Executive Officer of PayPal since July 2015. He had served as the President and CEO-Designee of PayPal from September 2014 until July 2015. From August 2010 to August 2014, Mr. Schulman served as Group President, Enterprise Group of American Express Company, a financial services company. Mr. Schulman was President, Prepaid Group of Sprint Nextel Corporation, a cellular phone service provider, from November 2009 until August 2010, when Sprint Nextel acquired Virgin Mobile, USA, a cellular phone service provider. Mr. Schulman also serves on the Board of Directors of Verizon Communications, Inc. and served on the Board of Directors of NortonLifeLock (f/k/a Symantec Corporation) until December 2019 and Flex Ltd. until August 2018. Mr. Schulman received a B.A. from Middlebury College and an M.B.A. from New York University’s Leonard N. Stern School of Business.

Profile Details

Total Political Contributions More information

Republican Support
Democratic Support
$11,975 $144,400

Affiliated Companies

Key Statements

"And I feel like people look to all of us to be leaders in this, and I think they want to be inspired. They want their companies and their leaders to take action. And I think the more I've thought about this, the more I've become really what they call a CEO activist, but I just call it being a responsible citizen."

"I'm the chairman of the board of Symantec Cordy, and I work there together every day almost on that. And I remember we wanted to add diversity to our board there. And one older gentleman said to me, of course we do, but they need to be qualified. And I was like, oh, my gosh, 50% of the population are women, because we were looking for women at the time. I said, you don't think we can find somebody qualified? He goes, Well, I just am saying they need to be qualified."

"We've taken down a lot of sites and we've gotten a lot of feedback from the market, let's put it that way. That would cause you to think about and there are a lot of right wing groups, and even some on the far left, by the way, that we've shut down, that we think go beyond what free speech is and advocate hatred."

"There is no way to stay out of the culture wars that kind of rage around us. I think CEOs have a responsibility to lead their companies in ethical and moral ways. You can define what that is, but we have a set of values and acceptable use criteria for our services. I think we need to be a part of the solution. I don't think we can abdicate our responsibility."

"They call it multistakeholder capitalism. It's just a buzzword for thinking about the communities we live in, all the constituents that we serve the Business Roundtable, which is I'm a part of that. It's the top CEOs or companies in the country signed last year. This idea about multicultural stakeholder, multi constituency stakeholder. "

"And if I see something that goes against that, like house Bill Two in North Carolina, the bathroom bill, which we felt allowed for the discrimination against people for their sexual identity or sexual orientation, we pulled out of North Carolina. It's a very lonely place to be for a long time. And I couldn't even go to a bathroom without the stalls being searched, know, because of the number of threats that were lodged against me at that point."

"I worry about this tendency towards nationalistic behaviors, but I think globalization is a really important thing to keep our world closer and closer. And so I'll fight for that."

"And so this is why I also say, like, capitalism in its current form isn't working."

“Same thing in terms of our leadership ranks, I think that's a really important place to measure PayPal right now today is 58% diverse, overall, at our director plus, we're 54% diverse in our VP plus—it's the first time I've been a part of a company we're 51% diverse, so that's a big deal. But it comes from pushing hard, because what I told everybody at an all-employee meeting when we first started, like, saying that we need to basically have a workforce that mirrors the populations that we serve. We need to have diversity of thought inside the company. And I said even if we hired 50/50 going forward, it was going to take us something like 34 years to get to 50/50 within the company. It's just the tyranny of the math. And so you have to actually bend over backwards to go and make this happen.”