# Dan Schulman

> Dan Schulman is Verizon’s chief executive, appointed in October 2025 after leading PayPal from 2014 to 2023. His career spans AT&T, Priceline, Virgin Mobile USA, Sprint Nextel and American Express. He is known for promoting access to financial services, changing PayPal’s customer funding choices and examining employees’ disposable income, while his Verizon turnaround combines customer growth initiatives with substantial workforce reductions.

- **Role:** Chief Executive Officer at Verizon
- **Organizations:** Verizon, PayPal, American Express, Sprint Nextel, Virgin Mobile USA, Priceline, AT&T, Lazard, JUST Capital, The Paley Center for Media
- **From:** Newark, United States
- **Nationality:** American
- **Education:** BA in Economics, Middlebury College, MBA in Finance, New York University Stern School of Business
- **Known for:** Built Virgin Mobile USA as its founding CEO before its 2009 acquisition by Sprint Nextel for a total value of $688 million., Led PayPal’s 2015 separation from eBay., Verizon describes PayPal revenue growth during his leadership from approximately $8 billion to $30 billion.

## Career timeline

- **1981-1999** — Worked at AT&T, eventually leading its Consumer Markets Division.
- **1999-2001** — Served as president and then CEO of Priceline.
- **2001-2009** — Founding CEO of Virgin Mobile USA; the business became public and was acquired by Sprint Nextel in 2009.
- **2009-2010** — President of Sprint Nextel’s Prepaid Group following its Virgin Mobile acquisition.
- **2010-2014** — Group President of Enterprise Growth at American Express.
- **2014** — Joined PayPal as president and CEO designee ahead of separation from eBay.
- **2015** — Led PayPal as an independent public company.
- **2018** — Joined Verizon’s board; launched the Never Stand Still interview series.
- **2019** — PayPal introduced an employee program including pay increases, equity awards and financial education.
- **2023** — Ended his PayPal CEO tenure in September.
- **2024** — Elected Verizon Lead Independent Director in December.
- **2025** — Named Verizon CEO in October.

## Achievements

- Built Virgin Mobile USA as its founding CEO before its 2009 acquisition by Sprint Nextel for a total value of $688 million.
- Led PayPal’s 2015 separation from eBay.
- Verizon describes PayPal revenue growth during his leadership from approximately $8 billion to $30 billion.
- Ranked third on Fortune’s 2021 World’s 50 Greatest Leaders list.
- Received the 2020 Robert F. Kennedy Human Rights Ripple of Hope Award and the 2021 New York Urban League Frederick Douglass Award.

## Latest updates

- **2026-09** — At Goldman Sachs Communacopia + Technology, discussed customer retention, culture, efficiency and investor returns, while saying more work remained.
- **2026-07** — Verizon reported 184,000 postpaid phone net additions and 348,000 broadband net additions in Q2 2026, and raised full-year guidance.
- **2026-06** — Published a LinkedIn article titled Breaking the industry mold to put our customers first.
- **2025-11** — Announced more than 13,000 Verizon job reductions and a $20 million Reskilling and Career Transition Fund.
- **2025-10** — Verizon announced his appointment as chief executive on October 6.

## Links

- Website: https://www.verizon.com/about/our-company/executive-bios/dan-schulman
- LinkedIn: https://www.linkedin.com/in/dan-schulman
- Instagram: https://www.instagram.com/dan_schulman/
- Facebook: https://www.facebook.com/DanSchulmanPayPal/

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Profile page: https://yespress.io/dan-schulman
Published by YesPress — https://yespress.io
Last updated: 2026-10-11
