PayPal Finally Finds Its New Chief

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The Motley Fool

Business, Investing

4.3 • 3.1K Ratings

🗓️ 14 August 2023

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

PayPal finds its new leader over at Intuit; can he make this fintech shine again? Jason Moser and Deidre Woollard discuss: - Dan Schulman’s report card as a CEO. - What Alex Chriss might, or might not, bring to the party. - If a potential deal for U.S. Steel could be a winner for U.S. infrastructure. Companies discussed: PYPL, X, CLF, INTU, META, TSLA Host: Deidre Woollard Guest: Jason Moser Producer: Ricky Mulvey Engineer: Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	A new CEO is set to take the helm at a major fintech and big drama at Big Steel.
0:09.9	Motley Fool Money starts now.
0:15.1	Welcome to Motley Fool Money.
0:16.6	I'm D. Dravelard here with Jason Moser.
0:18.4	Jason, how are you doing today?
0:19.8	Hey, doing great.
0:20.8	How about you?
0:21.8	I'm doing great.
0:22.8	I love it when there's a Monday with some fun news or at least some interesting news and
0:27.3	I was excited to see that we have a new PayPal CEO announcement.
0:30.5	On the day we have Mr. War on Cash himself in the house, it feels like fate to me.
0:38.0	So we've known for a while, Dan Schulman was on the way out as the CEO of PayPal, but
0:43.4	now we know who's on the way in and it's Alex Chris who hadn't really heard of, felt
0:49.8	like kind of a dark horse candidate to me.
0:52.0	He did 19 years at Intuit, most recently executive vice president and general manager of Intuit,
0:58.1	small business and self-employed group, young guy, most of his experience at one company,
1:03.8	what's your take here?
1:04.8	Yeah, I mean, this is perfect timing.
1:06.5	I mean, I just spent the morning then mowing cash to my two daughters, so just listen,
1:11.7	this stuff works.
1:12.7	I do really appreciate the fact that we can do it.
1:16.8	I said on the Friday show a couple of weeks ago that it really felt like PayPal could
	...

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