Who's going to run PayPal? Industry insiders highlighted 6 potential candidates to succeed Dan Schulman at the payments giant.
Insider spoke with seven analysts, VCs, and industry insiders to discuss who they think would be prime candidates to succeed Schulman. To be sure, inclusion on this list does not imply the individuals are being actively recruited by PayPal's board or have expressed interest in the role. General Atlantic vice chairman Ajay Banga.Banga, the former CEO and president of Mastercard, was named as a possible candidate with a caveat: actually recruiting him would be a long-shot.
Earlier in his career, he spent nearly six years at PayPal between 2004 and 2010, rising to senior director of consumer products. He left to join Zong, a mobile payment startup, where he served as a VP of global sales and business development. Friar has experience in the payments space, having served as chief financial officer at what was then known as Square from 2012 to 2018. She also helped steer the company through an IPO in 2015.
Kim joined PayPal as chief product officer and executive vice president in September 2022 to lead its consumer and merchant product and engineering teams."He is intended to take over a much broader role, like a COO type of role, and he has the potential to be the replacement of Dan Schulman," the analyst told Insider in a conversation prior to Schulman's announcement.
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