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Motley Fool Hidden Gems Investing

PayPal Finally Finds Its New Chief

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 14 August 2023

⏱️ 24 minutes

🧾️ Download transcript

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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