PayPal_Stock_Newm.jpg

PayPal said Tuesday that it hired United Airlines chief financial officer John Rainey for the same position at the payments company. | AP file photo

PayPal hires CFO away from United Airlines

SHARE PayPal hires CFO away from United Airlines
SHARE PayPal hires CFO away from United Airlines

PayPal said Tuesday that it hired United Airlines chief financial officer John Rainey for the same position at the payments company.

United is temporarily replacing Rainey with Gerald Laderman, who has worked at the airline for 27 years. Chicago-based United said it is considering candidates inside and outside the company for the permanent role. Rainey has been United’s CFO for the past three years.

Last month, PayPal split from eBay Inc. into a separate publicly traded company. Rainey will join the San Jose, California, company on Aug. 24. He will replace Patrick Dupuis, who will stay at the company as a senior vice president.

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