JUST Capital Welcomes Former PayPal CEO Dan Schulman as New Board Chair
JUST Capital announces today the appointment of former PayPal CEO Dan Schulman as chairman of its board of directors.
Schulman replaces JUST Capital Co-Founder Paul Tudor Jones II, who will remain on the board and continue to partner with JUST Capital’s advisors and directors to realize its goal of becoming the most trusted and objective authority on ranking, recognizing, and incentivizing corporate stakeholder leadership.
“Paul Tudor Jones II’s vision when he co-founded JUST Capital ten years ago is an inspiration to us all,” said Dan Schulman. “Under his leadership, the organization has changed the conversation about how business in America is done. The role of JUST Capital is becoming ever more important in today’s world. I look forward to partnering with Paul and the rest of the board to help guide the kind of corporate leadership that the world so urgently needs.”
Schulman was the CEO of PayPal for more than nine years and previously held leadership roles at American Express, Sprint Nextel Corporation, Priceline Group, and AT&T. He is a board member of Verizon, Cisco, Lazard, and the Cleveland Clinic. He is vice chair of the Valor Capital Group, a life member of the Council on Foreign Relations, and co-chairs the World Economic Forum’s Steering Committee to promote global financial inclusion.
“Dan Schulman’s track record working at some of the largest U.S. companies makes him the perfect person to carry JUST Capital forward as chairman,” said Paul Tudor Jones II. “I couldn’t be prouder of what we’ve achieved and look forward to working alongside Dan and the entire JUST Capital team to drive change at scale and better the lives of all Americans in doing so.”
Over the past 10 years, JUST Capital has amplified the voices of more than 180,000 Americans and incentivized hundreds of the largest U.S. companies to take concrete actions that benefit millions of workers, families, and communities. With partners like CNBC and Forbes, the organization has built the JUST Capital Rankings into a sought-after designation that improves brand value and has launched investable indices that demonstrate the clear case for stakeholder-driven business. As of August 30, 2024, JUST Capital’s flagship indexes, the JUST 100 Index (JUONETR) and JUST U.S. Large Cap Diversified Index (JULCD), have outperformed their benchmarks by 51% and 12.9%, respectively, since inception.
“As stakeholder metrics become more relevant in C-suites and boardrooms, JUST Capital is delighted to work hand-in-hand with Dan Schulman to hone our strategy to directly support leaders in managing risk, measuring and improving performance, and creating impact at scale,” said CEO Martin Whittaker. “When many are questioning the merits of capitalism and faith in the American Dream is being tested, our vision is clear. We know that just business is better business.”
