PayPal Holdings, Inc. recently announced that John D. Rainey is joining the digital payments leader as its new Chief Financial Officer (CFO), effective August 24, 2015. Rainey joins PayPal from United Continental Holdings, Inc. where he was Executive Vice President and CFO at United Airlines. Rainey brings with him an extensive background in corporate finance, treasury, financial planning and analysis, tax, investor relations, strategic planning and risk management along with a deep appreciation for PayPal and its unique position driving the global transformation of money.
Rainey will lead PayPal’s financial operations, regional finance teams and investor relations. He will succeed Patrick Dupuis, who has served as PayPal’s CFO for five years. Dupuis will remain at PayPal in the newly created role of Senior Vice President, Simplicity, Quality and Productivity. In this capacity, Dupuis will lead a corporate-wide transformation initiative designed to drive PayPal’s productivity, service quality and customer experience.
Rainey has more than 20 years of financial management experience. He received both his bachelor’s degree in business administration and his master’s degree in business administration from Baylor University. Rainey is a Certified Public Accountant and serves on the national board of trustees for the March of Dimes, where he was named the 2015 national chair of the March for Babies.
For more information on PayPal, visit about.paypal-corp.com.