Former PayPal Exec Sam Shrauger Lands at Visa After Brief Yahoo Stint

Sam Shrauger, a former PayPal executive who went to Yahoo for a month during the very short-lived Scott Thompson era, has resurfaced at Visa.

Shrauger will be the head of global commercialization, responsible for developing and implementing the company’s strategy for bringing new Visa products to market, according to his bio. Shrauger’s deep level of knowledge in the digital payments space will be especially valuable to Visa, which continues investing in new products and services, like its PayPal-esque digital wallet called

A Visa spokeswoman did not reply to emails seeking comment.

During Shrauger’s eight-year stint at PayPal, he helped launch the company’s merchant business to expand the online payment capabilities of eBay. He also helped with the integration of PayPal’s acquisition of Bill Me Later.

Beyond his resume, Shrauger may be better known for getting caught up in the troubles at Yahoo. Schrauger was one of the first hires Thompson made after Thompson left PayPal to become CEO of Yahoo late last year. And he was also one of the first to leave after Thompson was forced to step down following the controversy over a fake computer science degree he had on his resume.

Prior to PayPal, Shrauger also held roles in product management and consulting with, VerticalNet, Deloitte Consulting and Quantum Consulting.

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work