PayPal CEO Dan Schulman to retire by end of 2023
PayPal says it will begin its search for Schulman’s successor imminently.
PayPal says it will begin its search for Schulman’s successor imminently.
PayPal has welcomed Rodney C. Adkins to its board of directors. Adkins is president of 3RAM Group LLC, a privately held company specializing in capital investments, business consulting services and property management.
Seeking to increase its foothold among customers who prefer cash, PayPal will spend approximately $233 million to buy Vancouver-based bill payment firm TIO Networks. The acquisition is not PayPal’s first move to gain the business of consumers using cash.
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