Dan Schulman | |
---|---|
Born |
Newark, New Jersey, United States |
January 19, 1958
Nationality | American |
Alma mater |
Middlebury College NYU Stern |
Occupation | President and CEO of PayPal Chairman of Symantec |
Salary | $9,089,273 (total compensation, 2013) |
Daniel H. Schulman (born January 19, 1958) is an American business executive. He is president and CEO of PayPal and chairman of Symantec, formerly serving as group president of Enterprise Growth at American Express. The former president of Sprint's Prepaid Group and the founding CEO of Virgin Mobile, Schulman was responsible for American Express' global strategy to expand alternative mobile and online payment services, form new partnerships, and build revenue streams beyond the traditional card and travel businesses.
Schulman was born in Newark, New Jersey, but grew up in Princeton, New Jersey. He was captain of the tennis and lacrosse teams at Princeton High School, and went on to receive a bachelor's degree in Economics from Middlebury College, and an MBA from New York University.
His mother, S. Ruth Schulman, was associate dean of Rutgers' Graduate School of Applied and Professional Psychology (GSAPP) from 1974 to 1999. His father, the late Mel Schulman, was a chemical engineer.
Schulman once told the New York Times, "I was born with social activism in my DNA. My grandfather was a union organizer in the garment district in New York City. My mother took me to a civil rights demonstration in Washington in my stroller." Schulman and his wife are Jewish.
Schulman began his business career at AT&T, working more than 18 years there and becoming the youngest member of the company's senior executive team, the AT&T Operations Group. When Schulman left AT&T, he was president of the $22 billion core consumer long distance business.
He then became president and COO, and then CEO of Priceline.com. During his two years there, Priceline's annual revenues grew from a reported $20 million to about $1 billion.
In 2001, Schulman became the CEO of Virgin Mobile USA, Inc., and led the company from its national launch in 2002 to its becoming a public company in 2007, to its sale to Sprint Nextel in 2009. By the time Schulman left Virgin Mobile, it had become one of the nation's top wireless carriers, with more than 5 million customers and $1.3 billion in annual sales. Following the sale of Virgin Mobile to Sprint Nextel, Schulman served as President of Sprint's Prepaid group until he moved to American Express.