PayPal boss Dan Schulman joins the Verizon board

By Dan Wilson September 11, 2018 - 2:06 pm

Verizon has announced the election of Dan Schulman, president and chief executive officer of PayPal to its board of directors. The appointment became effective from September 6th and take the total number of board to 13.

As they say:

Dan is an innovative leader who brings to Verizon extensive experience as CEO of a leading mobile payments company focused on transforming financial services to make life easier for billions of people around the world.

His expertise in mobile technology, as well as his leadership experience in the wireless and telecommunications sectors, provide us with critical industry perspectives on Verizon’s business and opportunities. We are very pleased to have Dan join our board.
– Lowell McAdam, executive chairman, Verizon

Schulman has been the president and chief executive officer of PayPal since 2015. Prior to this, and he has previously has senior roles at American Express and the Sprint Nextel Corporation.

There is no word on how this appointment might prove beneficial to PayPal or Verizon but this sort of board appointments in big US companies, which are surprisingly commonplace, do give opportunities to forge corporate partnerships, make new contacts and cross pollinate ideas. Obviously as a massive telecommunications, particularly in the United States, there could be a strategic opportunity for mobile payments.

Comments are closed.

Featured in this article from the Tamebay Guide – companies that can help you grow and manage your business.

See More Companies >

Recent Comments

7 hours ago
tyler: I have not looked at the increase in rates yet but to slightly contradict the...
15 hours ago
Gav: If you qualify for it by posting enough items, I strongly suggest looking into switching...
16 hours ago If you're a Royal Mail account customer and use the standard BPL account code for...
16 hours ago I spoke to my RM Account Manager who was unaware of the specific changes to...