---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-030104"
form_type: "8-K"
ticker: "PYPL"
cik: "0001633917"
company_name: "PayPal Holdings, Inc."
filed_at: "2023-02-09T23:59:59+00:00"
generated_at: "2026-06-19T20:24:26.284570+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CEO Dan Schulman to retire from PayPal by year-end 2023

## Summary
- Schulman intends to retire on December 31, 2023 or upon successor appointment; no dispute with the company.
- Board will retain a search firm to find Schulman's successor; Schulman will continue on the Board.
- Under Schulman, revenue grew from $9.2B (2015) to $27.5B (2022); TPV increased 5x to $1.36 trillion.
- Total active accounts more than doubled to over 430 million in 200 markets during his tenure.
- Schulman's retirement is planned and he will work with Board for a smooth leadership transition.

## SEC filing metadata
- accession: 0001193125-23-030104
- form_type: 8-K
- ticker: PYPL
- cik: 0001633917
- company_name: PayPal Holdings, Inc.
- filed_at: 2023-02-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1633917/000119312523030104/0001193125-23-030104-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1633917/000119312523030104/d460672d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-030104
- JSON: https://secwatch.observer/filing/0001193125-23-030104.json
- Plain text: https://secwatch.observer/filing/0001193125-23-030104.txt

## Key facts
- Executive change
  Dan Schulman departed as President and Chief Executive Officer at PayPal Holdings, Inc..
  - Action: retire
  - Role: President and Chief Executive Officer
  source text: On February 8, 2023, Dan Schulman, President and Chief Executive Officer, notified the Board of Directors (the “Board”) of PayPal Holdings, Inc. (the “Company”) of his intention to retire from the Company on December 31, 2023 or upon the appointment of a successor thereafter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1633917/000119312523030104/0001193125-23-030104-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.