United names new acting chief financial officer

United Airlines (NYSE: UAL) said that Gerald Laderman has been named acting chief financial officer.

He succeeds John Rainey, who has resigned to become chief financial officer at PayPal Holdings, Inc.

Laderman, who has held legal and financial positions of increasing responsibility at the company for 27 years, will be responsible for the overall financial operations of the company, including corporate finance, treasury, financial planning and analysis, tax, accounting, investor relations, fleet, procurement, internal audit and risk management.

UAL said it will consider internal and external candidates before naming a permanent chief financial officer.

United Airlines and United Express operate an average of nearly 5,000 flights a day to 362 airports across six continents. In 2014, United and United Express operated nearly two million flights carrying 138 million customers.